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Fly News Breaks for July 28, 2017
ECHO
Jul 28, 2017 | 06:34 EDT
UBS analyst Thomas Wadewitz downgraded Echo Global to Sell and cut his price target for the shares to $13 from $22. The company's Q2 results and outlook indicate it is growing less than the market, the analyst tells investors in a post-earnings research note. He now has less conviction and visibility in Echo's medium term growth story.
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