Knight-Swift Faces Pressure With Lack Of Freight Flows Amid Tariffs, Analyst Downgrades Stock

BofA Securities analyst Ken Hoexter downgraded the shares of Knight-Swift Transportation Holdings Inc KNX on Tuesday from Buy to Neutral and lowered the price forecast from $66.00 to$46.00. The revision reflects a reduced valuation multiple of 28x, down from 33x, slightly exceeding the company's historical range of 14x-26x. The stock currently trades at 26.4x the 2025 EPS estimate, which may face additional downward pressure as forecasts decline, said the analyst. The analyst's earnings estimates for KNX h ...