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Why TFI International's Stock Is Trading Higher Today

Tanzeel Akhtar

TFI International (NYSE: TFII) shares are trading higher after Credit Suisse maintained its Outperform rating on the stock and raised its price target from $45 to $52 per share.

TFI International is a transportation and logistics company domiciled in Canada. The company organizes itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.

The truckload segment transports goods by flatbed trucks, containers, or a more specialized service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.

TFI International shares were trading up 3.27% at $42.68 on Wednesday. The stock has a 52-week high of $43.17 and a 52-week low of $15.24.

Latest Ratings for TFII

Date

Firm

Action

From

To

Jul 2020

ScotiaBank

Maintains

Sector Outperform

Jul 2020

Credit Suisse

Maintains

Outperform

Jul 2020

Morgan Stanley

Maintains

Overweight

View More Analyst Ratings for TFII
View the Latest Analyst Ratings

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