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Enter Symbol:
Rating: ECHO
Buy $33

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

Tuesday,  Aug 18, 2015  8:25 AM ET by Lynn Gilbert

Stifel upgraded Echo Global Logistics Inc. (NASDAQ: ECHO) to Buy with price target
$33. Previously, Stifel rated Echo Global Logistics Inc. (NASDAQ: ECHO) to Sell with price target $21 on 09/03/2014, when the stock price was valued at $25.61.

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.

Stifel



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