Stifel analyst J. Bruce Chan upgraded Saia, Inc. (NASDAQ:SAIA) from Hold to Buy and cut the price target from $526 to $475. The analyst says that SAIA has continued to lose steam following a soft 1Q24 reporting season and a modest earnings miss. While the analyst acknowledges execution risk in Saia’s mid-term growth and network expansion plans, the company is poised to increase its market share in a secularly growing LTL industry with improving ...