Vertical Research Initiates Coverage On Covenant Logistics Gr with Buy Rating, Announces Price Target of $70
Portfolio Pulse from Benzinga Newsdesk
Vertical Research analyst Jeffrey Kauffman has initiated coverage on Covenant Logistics Group (NASDAQ:CVLG) with a Buy rating and set a price target of $70.
January 23, 2024 | 2:52 pm
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Covenant Logistics Group received a Buy rating from Vertical Research with a price target of $70, indicating a positive outlook from the analyst.
The initiation of coverage by Vertical Research with a Buy rating and a significant price target usually generates positive investor sentiment and can lead to a short-term increase in the stock price due to the credibility of the analyst and the firm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100