TD Cowen lowered the firm’s price target on Radiant Logistics (RLGT) to $8 from $9 and keeps a Buy rating on the shares. Radiant Logistics modestly missed the firm’s adjusted EBITDA estimate for the June quarter as the core business sees headwinds, the analyst tells investors in a research note. The firm expects the core business to stay flattish into 2026 until the demand picture improves.
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