Form 8-K Roadrunner Transportatio For: May 04
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UPDATE: BB&T Capital Cuts Roadrunner Transportation (RRTS) to 'Underweight'
May 5, 2016 7:13 AM EDT(Updated - May 5, 2016 11:14 AM EDT)
BB&T Capital downgraded Roadrunner Transportation (NYSE: RRTS) from Hold to Underweight. The change follows the release of Q1 results. Analyst Thomas S. Albrechtsiad said while new guidance doesn't sound so bad, first quarter performance means that there must be a "significant ramp up in performance from Q2'16 onward."
"First, we have a low level of confidence in the... More
KeyBanc Downgrades Roadrunner Transportation (RRTS) to Sector Weight
May 5, 2016 7:10 AM EDTKeyBanc downgraded Roadrunner Transportation (NYSE: RRTS) from Overweight to Sector Weight and removed its price target. The change follows the release of Q1 resutls.
"We lower our rating to SW from OW reflecting our view revised EBITDA guidance remains overly optimistic considering softer 1Q16... More
