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Expeditors price target raised to $130 from $114 at Stifel

Stifel raised the firm’s price target on Expeditors (EXPD) to $130 from $114 and keeps a Hold rating on the shares. The firm believes Expeditors has been a beneficiary as shippers navigate a volatile trade backdrop given its service, scale, breadth, and consistency, the analyst tells investors in a post-earnings note.

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