BofA analyst Ken Hoexter lowered the firm’s price target on Werner (WERN) to $22 from $26 and keeps an Underperform rating on the shares after Werner posted an adjusted loss per share of (3c) in Q3, which the firm calls “a surprise” after an 11c gain in Q2. Following the report, the firm lowered its 2025 and 2026 EPS estimates by 82% and 20%, respectively.
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