-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师总结如下：我们将TFI的评级从“卖出”上调至“持有”，并将目标价从125加元上调至222加元。此调整基于9.5倍的EV/EBITDA倍数（此前为7.0倍），该倍数基于我们2027年的EBITDA预期。尽管我们此前对零担货运业务持续低迷的预期在第一季度依然得到印证，但货运市场的整体情绪已大幅好转，远超零担货运业务。能源价格居高不下，限制了供应并推高了运费，但尚未导致需求下降。管理层预计第二季度每股收益为1.50美元至1.60美元，这意味着同比增长将达到两位数。我们仍然认为TFI的运营能力弱于同行；然而，整体市场上涨的趋势正在显著提振所有公司。我们将2026年每股收益预期上调至4.63美元（上调0.57美元），将2027年每股收益预期上调至5.62美元（上调0.64美元）。我们现在预计2026财年营收将实现中等个位数增长，2027财年营收将实现低个位数增长。
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