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.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter