Stifel Nicolaus Believes Daseke Inc (NASDAQ: DSKE) Won’t Stop Here

By Ryan Adsit

Stifel Nicolaus analyst John Larkin reiterated a Buy rating on Daseke Inc (NASDAQ: DSKE) on September 28 and set a price target of $15. The company’s shares closed on Friday at $13.05, close to its 52-week high of $13.55.

According to TipRanks.com, Larkin is a 5-star analyst with an average return of 10.5% and a 69.4% success rate. Larkin covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Air Transport Services.

Currently, the analyst consensus on Daseke Inc is Strong Buy and the average price target is $15, representing a 14.9% upside.

In a report issued on September 27, Northland Securities also reiterated a Buy rating on the stock with a $16 price target.

The company has a one year high of $13.55 and a one year low of $8.76. Currently, Daseke Inc has an average volume of 202.3K.

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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.