JP Morgan Maintains Neutral on Werner Enterprises, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Werner Enterprises (NASDAQ:WERN) and lowered the price target from $37 to $36.

May 01, 2024 | 3:28 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on Werner Enterprises and reduced the price target from $37 to $36.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a slight decrease in WERN's stock price. The maintenance of a Neutral rating indicates no significant change in the company's fundamentals, but the lowered price target may reflect a cautious outlook on the stock's valuation or expected performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100