Citi analyst Ariel Rosa raised the firm’s price target on XPO, Inc (XPO) to $155 from $152 and keeps a Buy rating on the shares as part of a Q3 preview for the transportation sector. The firm expects “tepid” quarters for most of the group due to soft freight rates and unfavorable supply/demand dynamics.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XPO:
- XPO, Inc price target lowered to $144 from $156 at JPMorgan
- XPO, Inc price target lowered to $83 from $84 at Morgan Stanley
- XPO, Inc price target raised to $162 from $150 at UBS
- XPO, Inc price target raised to $141 from $134 at Evercore ISI
- XPO’s Strategic Positioning and Operational Efficiency Justify Buy Rating with $141 Price Target