Deutsche Bank analyst Amit Mehrotra lowered the firm’s price target on Werner (WERN) to $56 from $57 following quarterly results and as LTL company TFI International (TFII) disclosed in its Q4 release that it owns just over 1 million shares of another LTL company, ArcBest (ARCB), equal to about a 4% equity stake. The firm keeps a Buy rating on the shares.
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Published first on TheFly
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