Deutsche Bank Downgrades Werner Enterprises (WERN) to Hold

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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