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

Rating:
Overweight
ECHO
up 59.05 %

Electronic Clearing House, Inc. (ECHO) rated Overweight by Thomas Weisel

Posted on: Wednesday,  Nov 11, 2009  8:25 AM ET by Thomas Weisel

Thomas Weisel rated Overweight Echo Global Logistics Inc. (NASDAQ: ECHO) on 11/11/2009, when the stock price was $14.58.
Since then, Echo Global Logistics Inc. has gained 59.05% as of 01/12/2016's recent price of $23.19.
If you would have followed this Thomas Weisel's recommendation on ECHO, you would have gained 59.05% of your investment in 2253 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.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2009 8:25 AM Buy
None
14.58
as of 12/31/2009
1 Week down  -5.32 %
1 Month down  -6.07 %
3 Months down  -6.14 %
1 YTD down  -6.14 %

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