Jefferies raised the firm’s price target on XPO, Inc (XPO) to $140 from $135 and keeps a Buy rating on the shares as part of a broader research note on Transport & Logistics names. The firm notes that it continues to have confidence in the company’s pricing and margin improvement story with 250-300bps of sequential operating ratio improvement in Q2 and 100bps of operating ratio improvement for the full year, the analyst tells investors in a research note.
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