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

Rating:
Buy ECHO
down 1.10 %

Echo Global Logistics Inc. (ECHO) upgraded to Buy with price target $26 by BB&T Capital Mkts

Posted on: Thursday,  Oct 29, 2015  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Echo Global Logistics Inc. (NASDAQ: ECHO) on 10/29/2015, when the stock price was $23.45.
Since then, Echo Global Logistics Inc. has lost 1.11% as of 01/12/2016's recent price of $23.19.
If you would have followed this BB&T Capital Mkts's recommendation on ECHO, you would have lost 1.1% of your investment in 75 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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2015 10:25 AM Buy
None
23.45 26.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  42.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2015 10:25 AM Hold
None
27.95
4/25/2014 12:00 AM Buy
None
19.66 23.00
2/4/2014 10:25 AM Hold
None
19.11

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