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Covenant Logistics price target lowered to $69 from $70 at TD Cowen

TD Cowen lowered the firm’s price target on Covenant Logistics (CVLG) to $69 from $70 and keeps a Buy rating on the shares. The firm said 3Q was slightly above expectations though softness in Expedited led us to marginally roll back Q4 expectations due partially to storms in early Q4.

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