Weekly Comments – January 30, 2023 – AQUA, CVLG, MRTN

AQUA – All-stock offering on the table.   The water distribution and measurement solutions provider Xylem (XYL: NYSE) has made an offer for all shares of Evoqua Water Technologies, representing a 29% premium to the AQUA share price…

CVLG – Updated outlook following report of quarter financial results.  Last week Covenant Logistics Group announced total revenue of $296.1 million in the fourth quarter ending December 2022.  The Company earned $11.5 million in net income…

MRTN  –  Revised outlook following quarter financial report.   Last week Marten Transport delighted traders by meeting expectations for the quarter ending December 2022…

 

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