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Fly News Breaks for February 28, 2020
XPO, LSTR, RLGT
Feb 28, 2020 | 07:31 EDT
Benchmark analyst Kevin Sterling initiated coverage of Radiant Logistics (RLGT) with a Buy rating and $8 price target. He views Radiant as "an under-the-radar name" that follows the XPO Logistics (XPO) playbook of acquisitions, organic growth and leveraging an IT platform, but that has an agent-based model and characteristics similar to Landstar System (LSTR), Sterling tells investors.