Fly News Breaks for April 6, 2018
WERN
Apr 6, 2018 | 07:35 EDT
Stifel analyst David Ross resumed coverage of Werner with a Buy rating and $43 price target, as he believes its "we do what we say we're going to do" culture should allow the company to win business in this tight capacity environment and ultimately to push rates higher.
News For WERN From the Last 2 Days
WERN
Apr 15, 2024 | 09:17 EDT
BofA analyst Ken Hoexter lowered the firm's price target on Werner to $34 from $35 and keeps an Underperform rating on the shares. The firm lowered its truckload Q1 EPS estimates 11% on average and 2024 EPS estimates 8% on average, citing demand, rate, and margin pressure from the elongated freight downcycle.