TD Cowen raised the firm’s price target on Werner (WERN) to $41 from $40 and keeps a Buy rating on the shares. The firm said Q3 missed expectations largely due to unusual health and welfare expenses and higher interest expense. 4Q peak commentary was not as bad as feared with managemnt seeing some volume strength and gradually improving pricing.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WERN:
