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Fly News Breaks for March 19, 2018
WERN
Mar 19, 2018 | 09:08 EDT
Baird analyst Benjamin Hartford raised his price target on Werner Enterprises to $46 from $43 and added the stock as a tactical bullish Fresh Pick idea ahead of accelerating industry pricing growth fundamentals during the upcoming 2018 bid season. In a research note to investors, Hartford, who remains Neutral rated on Werner, said he expects "expanding TTS EBIT margins amid accelerating core contractual truckload pricing growth" during 2018 to produce upward revisions to earnings per share consensus estimates through the middle of year, which could be a fundamental catalyst for shares.
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