Truist analyst Lucas Servera raised the firm’s price target on Expeditors (EXPD) to $145 from $140 and keeps a Hold rating on the shares. The company reported a stronger-than-expected Q1, driven by better air freight profitability, customs brokerage strength, and improved operating leverage, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXPD:
- Expeditors International Shareholders Approve Directors and Governance Items
- Expeditors International Boosts Dividend, Highlights Capital Returns
- Expeditors price target raised to $181 from $165 at BofA
- Expeditors price target raised to $156 from $142 at Susquehanna
- Midday Fly By: Palantir reports ‘beat and raise,’ Coinbase to cut staff