Cowen & Co. Thinks Daseke Inc’s Stock is Going to Recover


Cowen & Co. analyst Jason Seidl maintained a Buy rating on Daseke Inc (DSKE) yesterday and set a price target of $6.50. The company’s shares closed yesterday at $3.53, close to its 52-week low of $3.13.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 14.9% and a 72.0% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

Currently, the analyst consensus on Daseke Inc is a Moderate Buy with an average price target of $7.50.

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The company has a one-year high of $10.08 and a one-year low of $3.13. Currently, Daseke Inc has an average volume of 254.8K.

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Daseke, Inc. engages in the provision of transportation and logistics solutions. It operates through the Flatbed Solutions and Specialized Solutions segments. The Flatbed Solutions segment delivers its services through flatbed and retractable-sided transportation equipment to meet the needs of high-volume and time-sensitive shippers.

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