CIBC Raises TFI International Price Target to $172 With 20.65% Upside
TFII•CIBC analyst raised TFI International’s price target to $172, implying 20.65% upside and maintained an Outperform rating. Zacks added the stock to its Strong Buy list after boosting current-year earnings estimates by 12.6% and highlights a 1.3% dividend yield.
1. CIBC Upgrade Details
Analyst Kevin Chiang lifted TFI International's price target to $172 from $162 and maintained an Outperform rating, reflecting a projected 20.65% upside based on recent trading levels. This adjustment underscores confidence in the company’s near-term growth prospects within the North American logistics market.
2. Zacks Strong Buy and Forecast Revision
Zacks placed TFI International on its #1 Strong Buy list after increasing the current-year earnings forecast by 12.6% over the past 60 days. The company also offers a 1.3% dividend yield, enhancing its appeal to both growth and income-focused investors.
3. Company Profile and Upcoming Q2 Results
With a market capitalization of around $11.75 billion, TFI International provides freight and package delivery services across North America. The company will release second-quarter 2026 results on July 27, followed by a webcast presentation featuring CEO Alain Bédard and CFO David Saperstein.
