Benchmark raised the firm’s price target on XPO, Inc to $140 from $125 and keeps a Buy rating on the shares. While noting that quarter-to-date LTL operating data are in line with the firm’s volume forecasts, so its revenue and EPS estimates are unchanged, the firm raised its target given the strong execution of the LTL 2.0 plan that it thinks should deliver “solid long-term operating performance.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XPO:
- XPO, Inc announces opening of three new service centers
- XPO Opens Three New Service Centers in Growing Freight Markets to Enhance Service for Customers
- XPO, Inc price target raised to $140 from $130 at Oppenheimer
- XPO Schedules First Quarter 2024 Earnings Conference Call for Friday, May 3, 2024
- Saia price target raised to $625 from $575 at Benchmark
