May 07, 2013 (Analyst Reflections via COMTEX) -- A week ago, BB&T Capital upgraded Saia from Hold to Buy. The stock closed at $42.06, which is 5.8% higher than the price one week ago ($39.74).
Saia (NASDAQ:SAIA) is currently priced 24.1% above its average consensus analyst price target of $32.33. The stock should discover initial support at its 50-day moving average (MA) of $35.41 and subsequent support at its 200-day MA of $25.71.
Saia, Inc. provides trucking transportation to the retail, petrochemical, and manufacturing industries. The Company offers regional, interregional, and national less-than-truckload services, and selected truckload services across the United States.
In the past 52 weeks, shares of Saia have traded between a low of $18.05 and a high of $42.70 and are now at $42.60, which is 136% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 2.2%.
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