Morgan Stanley analyst Ravi Shanker maintained a Buy rating on Werner Enterprises (WERN) today and set a price target of $40.00. The company’s shares closed last Monday at $31.38.
According to TipRanks.com, Shanker is a 4-star analyst with an average return of 4.5% and a 61.8% success rate. Shanker covers the Services sector, focusing on stocks such as Expeditors International, Echo Global Logistics, and Knight Transportation.
Werner Enterprises has an analyst consensus of Moderate Buy, with a price target consensus of $37.78, a 15.9% upside from current levels. In a report issued on March 17, Robert W. Baird also upgraded the stock to Buy with a $42.00 price target.
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The company has a one-year high of $40.04 and a one-year low of $27.27. Currently, Werner Enterprises has an average volume of 493.9K.
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Werner Enterprises, Inc. engages in the provision of logistics services. It operates through the Truckload Transportation Services and Werner Logistics segments.
