As previously reported, Susquehanna upgraded Werner (WERN) to Neutral from Negative with a $38 price target The analyst believes it is “appropriate” to capitalize a greater 2026 profit recovery at target multiples “modestly above long-term averages,” which is a shift from the firm’s prior stance and the net impact of higher earnings at lower multiples moves most of its targets in the truckload and intermodal transports group higher, the analyst tells investors. The firm’s more bullish stance on truckload-related shares “ultimately hinges on hope for a 2026 price-driven earnings recovery,” solidified by incremental progress in the 2025 bid season, the analyst explains.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WERN:
- Werner upgraded to Neutral from Negative at Susquehanna
- Werner Enterprises Grants Stock Awards to Executives
- Werner price target raised to $40 from $36 at Barclays
- Werner Enterprises’ Trading Silence Sparks Investor Concerns Over Corporate Governance
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
