TD Cowen Maintains Buy on Covenant Logistics Gr, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Seidl maintains a Buy rating on Covenant Logistics Group (NYSE:CVLG) but lowers the price target from $70 to $69.
October 25, 2024 | 7:03 pm
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TD Cowen analyst Jason Seidl maintains a Buy rating on Covenant Logistics Group but lowers the price target from $70 to $69.
The analyst's decision to maintain a Buy rating suggests continued confidence in the stock's potential, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100