Deutsche Bank Downgrades Werner Enterprises (WERN) to Hold

January 14, 2013 8:42 AM EST
Get Alerts WERN Hot Sheet
Price: $38.88 +1.01%

Rating Summary:
    10 Buy, 16 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Deutsche Bank downgraded Werner Enterprises (NASDAQ: WERN) from Buy to Hold with a price target of $26.00 (from $28.00).

The firm cited balanced risk/reward amidst decelerating TL rate improvement and challenging winter weather comps. In addition, recent weakness seen at the dollar stores could be a tell.

For an analyst ratings summary and ratings history on Werner Enterprises click here. For more ratings news on Werner Enterprises click here.

Shares of Werner Enterprises closed at $22.70 yesterday.


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