Covenant Logistics Gr
(NASDAQ:CVLG)
$46.17
0.27[0.59%]
Last update: 10:51AM Get Real Time Here
Consensus Rating1
Peer Perform
Highest Price Target1
$70.00
Lowest Price Target1
$21.00
Consensus Price Target1
$45.40

Covenant Logistics Gr Stock (NASDAQ:CVLG), Analyst Ratings, Price Targets, Predictions

Covenant Logistics Group Inc has a consensus price target of $45.4, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from TD Cowen, Vertical Research, and Stephens & Co. on January 25, 2024, January 23, 2024, and July 28, 2023. With an average price target of $68.67 between TD Cowen, Vertical Research, and Stephens & Co., there's an implied 49.60% upside for Covenant Logistics Group Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Jan
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Vertical Research
Stephens & Co.
Wolfe Research
Cowen & Co.

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Covenant Logistics Gr

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
01/25/2024CVLGBuy Now
Covenant Logistics Gr
$45.9043.79%TD Cowen
Jason Seidl
$51 → $66UpgradeMarket Perform → OutperformGet Alert
01/23/2024CVLGBuy Now
Covenant Logistics Gr
$45.9052.51%Vertical Research
Jeffrey Kauffman
→ $70Initiates → BuyGet Alert
07/28/2023CVLGBuy Now
Covenant Logistics Gr
$45.9052.51%Stephens & Co.
Jack Atkins
$63 → $70MaintainsOverweightGet Alert
05/01/2023CVLGBuy Now
Covenant Logistics Gr
$45.9037.25%Stephens & Co.
Jack Atkins
$50 → $63MaintainsOverweightGet Alert
01/10/2023CVLGBuy Now
Covenant Logistics Gr
$45.90Wolfe Research
Scott Group
UpgradeUnderperform → Peer PerformGet Alert
10/24/2022CVLGBuy Now
Covenant Logistics Gr
$45.90-12.85%Stephens & Co.
Jack Atkins
$35 → $40MaintainsEqual-WeightGet Alert
04/14/2022CVLGBuy Now
Covenant Logistics Gr
$45.90-54.25%Cowen & Co.
Jason Seidl
$40 → $21DowngradeOutperform → Market PerformGet Alert
04/05/2022CVLGBuy Now
Covenant Logistics Gr
$45.90-56.43%Wolfe Research
Scott Group
$21 → $20MaintainsUnderperformGet Alert
01/06/2022CVLGBuy Now
Covenant Logistics Gr
$45.90-49.89%Wolfe Research
Scott Group
→ $23DowngradePeer Perform → UnderperformGet Alert

FAQ

Q

What is the target price for Covenant Logistics Gr (CVLG)?

A

The latest price target for Covenant Logistics Gr (NASDAQ: CVLG) was reported by TD Cowen on January 25, 2024. The analyst firm set a price target for $66.00 expecting CVLG to rise to within 12 months (a possible 42.95% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Covenant Logistics Gr (CVLG)?

A

The latest analyst rating for Covenant Logistics Gr (NASDAQ: CVLG) was provided by TD Cowen, and Covenant Logistics Gr upgraded their outperform rating.

Q

When was the last upgrade for Covenant Logistics Gr (CVLG)?

A

The last upgrade for Covenant Logistics Group Inc happened on January 25, 2024 when TD Cowen raised their price target to $66. TD Cowen previously had a market perform for Covenant Logistics Group Inc.

Q

When was the last downgrade for Covenant Logistics Gr (CVLG)?

A

The last downgrade for Covenant Logistics Group Inc happened on April 14, 2022 when Cowen & Co. changed their price target from $40 to $21 for Covenant Logistics Group Inc.

Q

When is the next analyst rating going to be posted or updated for Covenant Logistics Gr (CVLG)?

A

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 January 25, 2024 so you should expect the next rating to be made available sometime around January 25, 2025.

Q

Is the Analyst Rating Covenant Logistics Gr (CVLG) correct?

A

While ratings are subjective and will change, the latest Covenant Logistics Gr (CVLG) rating was a upgraded with a price target of $51.00 to $66.00. The current price Covenant Logistics Gr (CVLG) is trading at is $46.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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