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Enter Symbol:
Rating: ECHO
Outperform $30
up 24.00 %

Echo Global Logistics Inc. (NASDAQ: ECHO) reiterated to Outperform with price target $30 by Barrington Research

Friday,  Aug 28, 2015  11:25 AM ET by Betsy O'Brien Harrison

Barrington Research reiterated Echo Global Logistics Inc. (NASDAQ: ECHO) to Outperform with price target $30. Previously Barrington Research reiterated Echo Global Logistics Inc. (NASDAQ: ECHO) to Outperform
with price target $24 on 02/20/2012, when the stock price was $18.66. Since then, Echo Global Logistics Inc.'s stock price has gained 24% as of 08/28/2015's recent price of $23.20.
If you would have followed the previous Barrington Research's recommendation on ECHO, you would have gained 24% of your investment in 1285 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.

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