Barclays Maintains Overweight Rating for Werner Enterprises: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of Werner Enterprises WERN and raise its price target from $43.00 to $48.00.

Shares of Werner Enterprises are trading up 1.12% over the last 24 hours, at $43.39 per share.

A move to $48.00 would account for a 10.62% increase from the current share price.

About Werner Enterprises

Werner Enterprises Inc ranks among the top five full-truckload carriers by revenue, with a fleet of more than 7,800 tractors, including owner-operators. The company has two reportable segments - TTS and Werner Logistics. It derives about 80% of its top line from a wide array of full-truckload shipping services (including dedicated contract carriage; roughly 20% comes from non-asset based logistics operations, including truck brokerage.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.