Echo Global Logistics (ECHO) Tops Q1 EPS by 14c; Guides Higher

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Echo Global Logistics (ECHO) PT Raised to $50 at Cowen Following Earnings

April 29, 2021 11:30 AM EDT

Cowen analyst Jason Seidl raised the price target on Echo Global Logistics (NASDAQ: ECHO) to $50.00 (from $40.00) while maintaining an Outperform rating.

The analyst commented, "ECHO posted a record quarter that came in above consensus expectations and our forecasts. Thriving spot markets represented 53%... More