Their upside scenario target is US$161.00. GLTA
Valuation.Overall, while management deferred larger M&A potential, they pointed to a significant opportunity on internal (integration) and market-based (pricing and volume) opportunities that combined to result in a better-than-expected 2022 guide, and ultimately will likely prove to be conservative. We continue to flag TFII as one of our top names in freight transportation and reiterate our Outperform rating and move our price target to $125 from $124.