UBS analyst Thomas Wadewitz raised the firm’s price target on Expeditors (EXPD) to $175 from $166 and keeps a Buy rating on the shares. Expeditors’ net revenue growth is the key driver of EPS while productivity supports operating margin performance, 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 price target raised to $139 from $135 at JPMorgan
- Expeditors price target raised to $156 from $142 at Susquehanna
- Expeditors price target raised to $145 from $140 at Truist
- Expeditors International Shareholders Approve Directors and Governance Items
- Expeditors International Boosts Dividend, Highlights Capital Returns