NetworkNewsBreaks – Spartan Motors, Inc. (NASDAQ: SPAR) Featured in ROTH Equity Research Report
Spartan Motors (NASDAQ: SPAR) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Earlier today, SPAR announced the sale of its Emergency Response (ER) segment to REV Group (REVG-NC) for $55mn in cash. We see the sale as a positive development as management can focus time and resources on the more profitable and faster growing FVS and SCV businesses. Shares jumped ~6% on the news; however, we believe the stock continues to move higher as we see the transaction driving an improvement in margins and ROIC, while strengthening the balance sheet. Reiterate…







