Stifel lifts TFI International price target after stronger-than-expected quarter, keeps Hold
Stifel increased its 12-month price target on TFI International to $116 from $113 while retaining a Hold rating, citing a fourth-quarter earnings beat and stronger-than-expected cash flow and margins. Management flagged continued weakness in freight demand and issued conservative first-quarter guidance, leaving valuation and near-term volume visibi…