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

down 2.25 %

Echo Global Logistics Inc. (ECHO) upgraded to Buy with price target $33 by Stifel

Posted on: Tuesday,  Aug 18, 2015  8:25 AM ET by Stifel

Stifel rated Buy Echo Global Logistics Inc. (NASDAQ: ECHO) on 08/18/2015. Previously Stifel rated Sell Echo Global Logistics Inc. (NASDAQ: ECHO) on
09/03/2014., when the stock price was $25.61. Since then, Echo Global Logistics Inc. has gained 2.30% as of 08/18/2015's recent price of $26.20.
If you would have followed the previous Stifel's recommendation on ECHO, you would have lost 2.25% of your investment in 349 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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/18/2015 8:25 AM Buy
26.20 33.00
as of 8/27/2015
1 Week down  -7.90 %
1 Month up  11.77 %
3 Months up  4.59 %
1 YTD down  -13.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/3/2014 8:25 AM Sell
25.61 21.00
7/30/2013 8:25 AM Hold

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