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Radiant Logistics price target raised to $8.50 from $8 at TD Cowen

TD Cowen raised the firm’s price target on Radiant Logistics (RLGT) to $8.50 from $8 and keeps a Buy rating on the shares. The firm said EBITDA came in better than forecast for the fiscal second quarter. Navegate continues to gain traction with customers though likely not material to earnings yet. The company rolled out an AI initiative to begin streamlining internal operations.

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