Recent Investment Analysts’ Ratings Changes for Covenant Logistics Group (CVLG)

A number of firms have modified their ratings and price targets on shares of Covenant Logistics Group (NYSE: CVLG) recently:

• 7/15/2026 – Covenant Logistics Group is now covered by Citigroup Inc.. They set an “outperform” rating on the stock.
• 7/15/2026 – Covenant Logistics Group was given a new $60.00 price target by National Bank Financial.
• 7/15/2026 – Covenant Logistics Group is now covered by Citizens Jmp. They set a “market outperform” rating and a $60.00 price target on the stock.
• 7/13/2026 – Covenant Logistics Group was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/12/2026 – Covenant Logistics Group was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/8/2026 – Covenant Logistics Group is now covered by Stephens. They set an “overweight” rating and a $60.00 price target on the stock.
• 7/7/2026 – Covenant Logistics Group was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 6/18/2026 – Covenant Logistics Group was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 5/29/2026 – Covenant Logistics Group had its “hold (c-)” rating reaffirmed by Weiss Ratings.

Insider Buying and Selling

In other news, EVP Joey Ballard sold 4,282 shares of Covenant Logistics Group stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $37.40, for a total transaction of $160,146.80. Following the sale, the executive vice president owned 20,867 shares in the company, valued at $780,425.80. This trade represents a 17.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director D Michael Kramer sold 2,650 shares of Covenant Logistics Group stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $34.72, for a total transaction of $92,008.00. Following the sale, the director owned 22,086 shares in the company, valued at $766,825.92. This represents a 10.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 42,150 shares of company stock valued at $1,566,515. Corporate insiders own 36.70% of the company’s stock.

Covenant Logistics Group provides a comprehensive suite of transportation and logistics services across North America. The company’s core offerings include less‐than‐truckload (LTL) and full truckload hauling, temperature‐controlled freight, intermodal transportation and freight brokerage. Covenant also delivers specialized solutions such as expedited “hot‐shot” deliveries, cross‐border shipping to Canada and Mexico, and dedicated contract carriage for time‐sensitive or high‐value shipments.

With a network of service centers, terminals and partner carriers strategically located throughout the United States, Covenant supports diverse industries including food and beverage, automotive, retail, energy and manufacturing.