Saia gains after new freight numbers, target hikes still tempered by profit concerns
Saia Inc. shares traded higher Friday as new analyst calls kept focus on a recovery in freight volumes for the less-than-truckload carrier. The gains held even as the wider U.S. market moved lower. The stock traded 1.7% higher at $479.42 around 10:51 a.m. EDT, just under its session peak of $481.87. That was better than Old Dominion Freight Line, which added 1.1%, but lagged ArcBest, up 5.7%. XPO was up 1.9%.