TFI International (NYSE:TFII) shares are trading higher after Credit Suisse maintained its Outperform rating on the stock and raised its price target from $45 to $52 per share.
TFI International is a transportation and logistics company domiciled in Canada. The company organizes itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads.
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The truckload segment transports goods by flatbed trucks, containers, or a more specialized service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.
TFI International shares were trading up 3.27% at $42.68 on Wednesday. The stock has a 52-week high of $43.17 and a 52-week low of $15.24.