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TFI International price target raised to $128 from $116 at Goldman Sachs
Goldman Sachs has increased its price target for TFI International (TFII) to $128 from $116, maintaining a Buy rating on the company’s shares. This revised target is based on an attractive valuation for 2027 and potential growth from its Less-Than-Truckload (LTL) and specialized truckload operations, with LTL margins expected to reach high 30s by 2027. Despite a soft freight volume and uncertain Q1 2026, the company’s Q4 LTL margins surpassed expectations, indicating a strong position for recovery.