- Wolfe Research analyst Scott Group initiated XPO Logistics Inc XPO with an Outperform rating and $101 (an upside of 28.5%) year-end 2022 price target.
- The analyst says the stock has materially underperformed since the spin of its Logistics segment and following disappointing Q3 results, but "past periods of underperformance have historically led to good buying opportunities."
- Price Action: XPO shares are trading higher by 4% at $78.50 during the premarket session on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
