Daseke Inc (DSKE) Receives a Buy from Cowen & Co.

By Ryan Adsit

In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Daseke Inc (DSKEResearch Report), with a price target of $6.50. The company’s shares opened today at $5.56.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.9% and a 76.0% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Daseke Inc with a $6.75 average price target.

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The company has a one-year high of $10.19 and a one-year low of $3.13. Currently, Daseke Inc has an average volume of 321.7K.

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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.