Susquehanna lowered the firm’s price target on Werner (WERN) to $23 from $32 and keeps a Neutral rating on the shares. The firm said its 1Q loss trailed low expectations, and given near-term demand risk they don’t see a return to profitability until 4Q.
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Read More on WERN:
- Werner price target lowered to $26 from $32 at BofA
- Optimistic Outlook for Werner Enterprises Amidst Short-term Challenges
- Werner price target lowered to $24 from $27 at Wells Fargo
- Werner downgraded to Underperform from In Line at Evercore ISI
- Werner Enterprises Faces Challenges: Sell Rating Amid Earnings Miss and Operational Pressures