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

Covenant Logistics Group (NYSE: CVLG) has recently received a number of price target changes and ratings updates:

• 7/31/2026 – Covenant Logistics Group was given a new $54.00 price target by Stephens.
• 7/23/2026 – Covenant Logistics Group was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 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)”.

Insider Activity

In other Covenant Logistics Group news, Director Joey B. Hogan sold 12,800 shares of Covenant Logistics Group stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $39.18, for a total value of $501,504.00. Following the transaction, the director owned 91,294 shares in the company, valued at $3,576,898.92. The trade was a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joey Ballard sold 4,282 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $37.40, for a total transaction of $160,146.80. Following the completion of the transaction, the executive vice president owned 20,867 shares of the company’s stock, valued at $780,425.80. This represents a 17.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 24,800 shares of company stock worth $963,535 in the last quarter. 36.70% of the stock is owned by insiders.

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.