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Fly News Breaks for September 3, 2015
RLGT
Sep 3, 2015 | 14:01 EDT
Buckingham analyst Jeffrey Kauffman initiated coverage of Radiant Logistics with a Buy rating in a note issued to investors on Tuesday. Radiant represents an "attractive growth vehicle in an uncertain market," Kauffman wrote, stating that he also thinks the company that could be a beneficiary of consolidation. The analyst, who noted the stock's inclusion in the Russell 2000 in June has helped raise investor awareness, set an $11 price target on Radiant shares.
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