Jefferies analyst Stephanie Moore upgraded XPO, Inc to Buy from Hold with a price target of $95, up from $81. The analyst cites the “strong” Q3 beat, Q4 guidance, and increased confidence in the long-term margin opportunity for the upgrade. XPO has the right leadership in place, as well as the right market conditions to see outsized profit growth over the next several years, the analyst tells investors in a research note.
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