Wells Fargo lowered the firm’s price target on Werner (WERN) to $24 from $27 and keeps an Underweight rating on the shares. Coming off its callback, the firm is meaningfully cutting estimates. While there are sequential tailwinds to profit, tariff risks offset somewhat, keeping earnings power particularly muted this year. Shares will likely be pressured on very weak results/outlook, Wells adds.
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Read More on WERN:
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