Radiant Logistics (RLGT) PT Lowered to $8 at Lake Street Capital Markets

Lake Street Capital Markets analyst Mark Argento lowered the price target on Radiant Logistics (NYSE: RLGT) to $8.00 (from $10.00) while maintaining a Buy rating.

The analyst commented: "Given the economic environment and ongoing tariff volatility, management expects a muted peak season this holiday. Initially, we expected a rebound as markets quickly adjusted to the initial tariff announcements, but with ongoing court challenges, it has dragged on longer than hoped. Given the timing unknowns around tariff resolutions, we are taking a more conservative approach to out-year estimates; however, we believe Radiant is in a great position to emerge as a much bigger and stronger player, leveraging its active M&A pipeline. With low leverage, a flexible balance sheet, and $180M in available debt capacity, Radiant is positioned to double EBITDA through smart M&A and share repurchases. Management plans to re-leverage selectively
(management comfort up to 2.5x), capitalizing on attractive deal multiples and valuation dislocations. We maintain our Buy rating while reducing our PT from $10 to $8 based on lower FY'26 expectations."

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