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Benzinga
Benzinga
Business
Akanksha Bakshi

Wells Fargo Upgrades Werner Enterprises, Bumps Up Price Target By 21%

WERN Wells Fargo Nasdaq
  • Wells Fargo analyst Allison Poliniak-Cusic upgraded ratings on Werner Enterprises, Inc. (NASDAQ: WERN) to Equal Weight from Underweight and raised the price target to $46 (an upside of 9%), from $38.
  • After meeting with Werner's senior leadership team, the analyst revealed a great belief in the business portfolio.
  • The analyst believes Werner should continue to reflect stability in its earnings power as the risk of peak pricing levels increases.
  • Price Action: WERN shares are trading higher by 0.25% at $42.25 on the last check Thursday.
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