BofA analyst Ken Hoexter lowered the firm’s price target on Werner (WERN) to $27 from $31 and keeps an Underperform rating on the shares. The firm lowered its Q1 and 2026 EPS estimates for Werner to a (2c) loss for the quarter and 85c gain for the year as it raised its Q1 fuel expense estimate to $81M from $71M due to rising oil prices following the Iran war and near shutdown of the Strait of Hormuz, the analyst tells investors.
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