Werner Enterprises falls after TD Cowen downgrades to "hold"

Werner Enterprises

08/10/2025 13:07

** Shares of trucking firm Werner Enterprises WERN.O down nearly 1.2% at $27 premarket

** TD Cowen downgrades rating to "hold" from "buy", cuts PT to $24 from $30

** New PT shows a downside of 13.5% from the stocks last close

     ** Brokerage says co looks overvalued given freight market weakness, with about 10% downside based on their revised 2026 earnings forecast

** WERN is overly reliant on equipment sales amid ongoing truckload market softness, making results more volatile and less stable, says TD Cowen

** Two of sixteen brokerages rate the stock "buy", nine "hold" and five "sell" or lower; their median PT is $26 - data compiled by LSEG

** Stock down 22.7% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))