By: Benzinga
UPDATE: Deutsche Bank Initiates Roadrunner Transportation at Buy on Growth Outlook
Deutsche Bank initiated Roadrunner Transportation (NYSE: RRTS ) with a Buy rating and a $30.00 price target. Deutsche Bank noted, "We see solid growth opportunities as the company continues to expand its diversified transportation service offerings. Our $30 price target is based on 18x our 2014 EPS estimate of $1.78,
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