
BMO lifts PT on U.S. transportation firms Old Dominion Freight Line ODFL.O, XPO XPO.N and Saia SAIA.O
Brokerage says optimism around a freight-cycle recovery is rising, driven by tightening truckload capacity and early signs of industrial stabilization
Notes XPO and SAIA face greater downside risk than ODFL, if the freight cycle fails to firm
S&P 500 Transportation Index .SPLRCTRN up nearly 9.5% YTD
Companies | New PT | Old PT |
Old Dominion Freight Line | $215 | $185 |
XPO | $230 | $205 |
Saia | $425 | $415 |