tiprankstipranks
Covenant Logistics price target lowered to $69 from $70 at TD Cowen
The Fly

Covenant Logistics price target lowered to $69 from $70 at TD Cowen

TD Cowen lowered the firm’s price target on Covenant Logistics (CVLG) to $69 from $70 and keeps a Buy rating on the shares. The firm said 3Q was slightly above expectations though softness in Expedited led us to marginally roll back Q4 expectations due partially to storms in early Q4.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App