| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/28/2023 | 25.62% | Stephens & Co. | $63 → $70 | Maintains | Overweight |
| 05/01/2023 | 13.06% | Stephens & Co. | $50 → $63 | Maintains | Overweight |
| 01/10/2023 | — | Wolfe Research | Upgrades | Underperform → Peer Perform | |
| 10/24/2022 | -28.22% | Stephens & Co. | $35 → $40 | Maintains | Equal-Weight |
| 04/14/2022 | -62.31% | Cowen & Co. | $40 → $21 | Downgrades | Outperform → Market Perform |
| 04/05/2022 | -64.11% | Wolfe Research | $21 → $20 | Maintains | Underperform |
| 01/06/2022 | -58.73% | Wolfe Research | → $23 | Downgrades | Peer Perform → Underperform |
What is the target price for Covenant Logistics Gr (CVLG)?
The latest price target for Covenant Logistics Gr (NASDAQ: CVLG) was reported by Stephens & Co. on July 28, 2023. The analyst firm set a price target for $70.00 expecting CVLG to rise to within 12 months (a possible 25.62% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Covenant Logistics Gr (CVLG)?
The latest analyst rating for Covenant Logistics Gr (NASDAQ: CVLG) was provided by Stephens & Co., and Covenant Logistics Gr maintained their overweight rating.
When is the next analyst rating going to be posted or updated for Covenant Logistics Gr (CVLG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Covenant Logistics Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Covenant Logistics Gr was filed on July 28, 2023 so you should expect the next rating to be made available sometime around July 28, 2024.
Is the Analyst Rating Covenant Logistics Gr (CVLG) correct?
While ratings are subjective and will change, the latest Covenant Logistics Gr (CVLG) rating was a maintained with a price target of $63.00 to $70.00. The current price Covenant Logistics Gr (CVLG) is trading at is $55.73, which is out of the analyst's predicted range.