Werner price target lowered to $25 from $26 at Stifel

Stifel lowered the firm’s price target on Werner (WERN) to $25 from $26 and keeps a Hold rating on the shares. Werner made more headway than expected in addressing some of the challenges in the market and while the progress was welcomed, current margin levels are “not sustainable” and “there’s more wood to chop before we can get more excited,” the analyst tells investors in a post-earnings note.