Craig-Hallum says drop in Daseke following Q2 results an ‘overreaction’

Craig-Hallum analyst Ryan Sigdahl maintained a Buy rating and $10 price target on Daseke following an “overreaction in the stock” on what the firm views as “better-than-feared results/guide” after the company’s Q2 earnings results. The analyst believe the company has “attractive absolute and relative valuation,” and sees several ways for “shares to appreciate higher from here.”