Susquehanna analyst Bascome Majors raised the firm’s price target on Werner (WERN) to $31 from $29 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results where the company took decisive action to restructure One-Way and its FirstFleet acquisition signaling a clear strategic shift that should result in structurally higher and more consistent margins through cycle following near-term headwinds.
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