JP Morgan Maintains Underweight on Werner Enterprises, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained an Underweight rating on Werner Enterprises and lowered the price target from $37 to $34.
October 30, 2024 | 4:57 pm
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NEGATIVE IMPACT
JP Morgan has maintained an Underweight rating on Werner Enterprises and reduced the price target from $37 to $34, indicating a bearish outlook.
The Underweight rating suggests that JP Morgan expects Werner Enterprises to underperform relative to other stocks. The lowered price target from $37 to $34 indicates a negative outlook on the company's future stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100