Daseke Inc Receives a Buy from Stifel Nicolaus

By Jason Carr

Stifel Nicolaus analyst Michael Baudendistel reiterated a Buy rating on Daseke Inc (NASDAQ: DSKE) on June 19 and set a price target of $13. The company’s shares closed yesterday at $10.14.

According to TipRanks.com, Baudendistel is a 3-star analyst with an average return of 1.6% and a 60.0% success rate. Baudendistel covers the Industrial Goods sector, focusing on stocks such as Wabash National Corp, Freightcar America, and Trinity Industries.

Daseke Inc has an analyst consensus of Hold.

The company has a one year high of $10.88 and a one year low of $8.76. Currently, Daseke Inc has an average volume of 137.9K.

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Daseke, Inc. engages in the provision of freight transportation services. Its operating companies include Smokey Point, E. W. Wylie, J. Grady Randolph, Central Oregon Truck Company, Lone Star Transportation, Bulldog Hiway Express, Hornady Transportation, and The Boyd Companies. The company was founded in November 2008 by Don R. Daseke and is headquartered in Addison, TX.,0GWKR3-E