Stephens & Co. Maintains Overweight on Werner Enterprises, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jack Atkins has maintained an Overweight rating on Werner Enterprises (NASDAQ:WERN) but lowered the price target from $52 to $48.
November 03, 2023 | 4:36 pm
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Werner Enterprises' price target has been lowered from $52 to $48 by Stephens & Co., though the Overweight rating is maintained.
The lowering of the price target by Stephens & Co. could potentially lead to a short-term negative sentiment among investors. However, the maintained Overweight rating indicates that the analyst still sees potential upside for the stock, which could balance out the negative sentiment.
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