Citigroup Initiates Coverage On Werner Enterprises with Sell Rating, Announces Price Target of $34
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ariel Rosa has initiated coverage on Werner Enterprises with a Sell rating and set a price target of $34.
October 09, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup analyst Ariel Rosa has initiated coverage on Werner Enterprises with a Sell rating and set a price target of $34, indicating a bearish outlook.
The initiation of coverage with a Sell rating and a specific price target of $34 by a major financial institution like Citigroup is likely to influence investor sentiment negatively. This could lead to a short-term decline in Werner Enterprises' stock price as investors react to the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100