Analyst Insights: Roadrunner Transportation, Acme Packet May 3rd
Roadrunner Transportation Syste (NYSE:RRTS): Baird said Roadrunner reported better than expected Q1 results and guidance and that core organic growth trends were strong, the pipeline remains robust, and its recent acquisition execution remains on track. Company is a top small-cap idea and shares are Outperform rated with a $23 price target.
Acme Packet, Inc. (NASDAQ:APKT): After Acme Packet reported stronger than expected Q1 results, Pacific Crest thinks that the company’s demand and margin trends appear to have bottomed in Q1. The firm expects the company’s fundamentals to improve and it maintains an Outperform rating on the stock.
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