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XPO Logistics price target raised to $86 from $81 at BofA

BofA analyst Ken Hoexter raised the firm’s price target on XPO Logistics to $86 from $81 and keeps a Buy rating on the shares. The firm says in a research note on Friday that XPO posted a Q2 adjusted EPS of 71c, down 38% year-year, yet above its and Street’s 65c/61c, respectively.

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