Daseke (DSKE) PT Raised to $8.50 at Cowen

February 1, 2021 10:29 AM EST
Get Alerts DSKE Hot Sheet
Price: $8.26 -0.72%

Rating Summary:
    5 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 17 | New: 52
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Cowen analyst Jason Seidl raised the price target on Daseke (NASDAQ: DSKE) to $8.50 (from $7.50) while maintaining an Outperform rating.

The analyst commented, "DSKE reported 4Q results above expectations, benefiting from strong demand in lumber, roofing, and steel, offsetting wind and high security cargo the company noted in 3Q. 2021 adj. EBITDA guidance came in line with Street expectations but slightly below our forecast; as we roll our model forward, we increase our price target to $8.50 and reiterate Outperform."

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