Information Provided By:
Fly News Breaks for September 4, 2015
UTIW
Sep 4, 2015 | 07:21 EDT
After UTi Worldwide reported mixed Q2 results and lowered its FY16 EBITDA view, Stephens said it believes recent business wins should lead to volume growth in the second half of fiscal 2016. The firm thinks the market isn't assigning any value to UTi's freight forwarding business, making the risk/reward in the stock compelling. Stephens maintains its Overweight rating and $10 price target on UTi shares.
News For UTIW From the Last 2 Days
There are no results for your query UTIW