Citigroup Upgrades Knight Transportation on Potential Acquisition
January 09, 2014 at 11:45 AM EST
A report released Thursday morning, Citigroup analyst Christian Wetherbee upgrades Knight Transportation (NYSE: KNX ) to BUY from NEUTRAL, increasing price target from $17 to $22. Citigroup cited two potential catalysts for their upgrade, "First; Knight appears intent on resuming growth in ‘14 and may use an acquisition to get
