Citi analyst Christian Wetherbee upgraded XPO Logistics (XPO) to Buy from Neutral with a $50 price target following the addition of two executives from Old Dominion (ODFL). The addition of Dave Bates as COO following the adding of former Old Dominion CFO Wes Frye to the board "greatly enhances the company’s operation credibility," the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on XPO: