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Fly News Breaks for July 11, 2016
ECHO
Jul 11, 2016 | 06:24 EDT
UBS analyst Thomas Wadewitz downgraded Echo Global to Neutral saying rising cyclical pressures on truck brokers is likely to drive a "downshifting of growth" over the next several quarters. The analyst cut his price target for the shares to $24 from $29. JPMorgan this morning initiated shares of Echo with an Overweight rating.
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