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Enter Symbol:
 
Echo Global Logistics Inc. (ECHO) [hlAlert]

Rating:
Outperform
ECHO
down 11.31 %

Echo Global Logistics Inc. (ECHO) rated Outperform by Macquarie

Posted on: Tuesday,  Aug 11, 2015  10:25 AM ET by Macquarie

Macquarie rated Outperform Echo Global Logistics Inc. (NASDAQ: ECHO) on 08/11/2015, when the stock price was $26.15. Since
then, Echo Global Logistics Inc. has lost 11.32% as of 01/12/2016's recent price of $23.19.
If you would have followed this Macquarie's recommendation on ECHO, you would have lost 11.31% of your investment in 154 days.

Echo Global Logistics, Inc. is a provider of technology enabled business process outsourcing (BPO) serving the transportation and logistics needs of its clients. The Company?s technology platform compiles and analyzes data from its diversified network of over 16,000 transportation providers to serve the Company?s clients' shipping needs and optimize their freight management. Echo Global Logistics, Inc?s technology enables it to identify excess transportation capacity and obtain preferential rates, service terms and cost savings for its clients. It provides solutions across all major transportation modes, including truckload (TL), less than truck load (LTL), small parcel, inter-modal, domestic air, expedited services and international. The core logistics services include pre-engagement freight analysis and rate negotiation. In June 2009, the Company acquired Raytrans Distribution Services, Inc., a transportation brokerage firm based in Matteson, Illinois.

Macquarie include comprehensive research analysis of equities, economics, commodities, debt markets, foreign exchange, futures and ESG. We have one of the largest research teams in the Asia-Pacific, as well as teams in Europe, North America and South Africa – all providing powerful local market insight.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/11/2015 10:25 AM Buy
None
26.15
as of 8/27/2015
1 Week down  -7.90 %
1 Month down  -11.31 %
3 Months   
1 YTD down  -11.31 %

(*) Stock Price at the time of the recommendation.
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