03:16 PM EDT, 04/25/2024 (MT Newswires) -- Mullen Group ( MLLGF ) has had its target lowered to $18, from $19.50, at National Bank after its Q1 results missed NBF and consensus forecasts.

Analyst Cameron Doerksen says that although the trucking market looks set to be weak in the short term, he continues to be positive, especially in the context of the correction in the stock.

Maintain Outperform rating.

Price: 12.95, Change: -1.48, Percent Change: -10.26