TheNewsRoom | Analyst Moves: ECHO, CELG

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Analyst Moves: ECHO, CELG

February 24, 2011

This morning, Credit Suisse lowered its 2011 EPS estimates on shares of Echo Global Logistics (ECHO) to 59 cents per share, but raised its 2012 EPS estimates to 82 cents. Credit Suisse believes the company's business model is working, but thinks it needs more time to develop.