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Stock Market & Financial Investment News

News Breaks
June 20, 2014
08:06 EDTECHOEcho Global trading at significant discount to peers, says FBR Capital
After spending a day with management, FBR Capital believes Echo Global could be entering a sustained beat-and-raise cycle for the next several quarters. The firm believes the stock is trading at a significant discount to peers, and it sees an attractive buying opportunity ahead of the company's Q2 results. FBR has an Outperform rating on Echo with a $22 price target.
News For ECHO From The Last 14 Days
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May 27, 2015
08:35 EDTECHOEcho Global shares could rally to mid-$40s in 2016, says FBR Capital
FBR Capital raised its price target for Echo Global to $43 from $38 saying the stock could reach the mid $40s in 2016 on accretion from the Command Transportation acquisition. FBR has a "high level of confidence" that Echo will "materially" raise its long-term guidance after the deal is closed. The firm keeps an Outperform rating on the name.
May 19, 2015
07:11 EDTECHOWolfe Research to hold a conference
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06:30 EDTECHOEcho Global management to meet with FBR Capital
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