BMO Capital raised the firm’s price target on XPO, Inc to $145 from $100 and keeps an Outperform rating on the shares. The company’s Q4 earnings beat was underpinned by strong yield and cost momentum, and with the onboarding of new terminal capacity, its management is positioned to exceed its prior guidance of at least 600bps in operating ratio improvement to 81.6% by FY27, the analyst tells investors in a research note.
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