B of A Securities Downgrades Werner Enterprises to Underperform, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter has downgraded Werner Enterprises (NASDAQ:WERN) from Buy to Underperform and lowered the price target from $47 to $37.
October 19, 2023 | 1:28 pm
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Werner Enterprises has been downgraded to Underperform by B of A Securities, with a lowered price target of $37.
The downgrade from Buy to Underperform and the lowering of the price target by B of A Securities indicates a negative outlook for Werner Enterprises. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100