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Werner Enterprises ( (WERN) ) has provided an announcement.
Werner Enterprises, Inc. has agreed to settle a consolidated class action lawsuit for $18 million, pending court approval. The lawsuit, involving allegations from a small group of drivers that expanded to tens of thousands of class members, covers the period from 2010 to 2023.
The most recent analyst rating on (WERN) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Werner Enterprises stock, see the WERN Stock Forecast page.
Spark’s Take on WERN Stock
According to Spark, TipRanks’ AI Analyst, WERN is a Neutral.
Werner Enterprises’ overall stock score reflects a stable financial position with operational efficiencies, but challenges in revenue growth and cash flow management persist. The earnings call provided some positive insights, particularly in logistics growth and legal victories. However, valuation concerns and technical indicators suggest caution.
To see Spark’s full report on WERN stock, click here.
More about Werner Enterprises
Average Trading Volume: 980,011
Technical Sentiment Signal: Sell
Current Market Cap: $1.69B
For a thorough assessment of WERN stock, go to TipRanks’ Stock Analysis page.