Raymond James lowered the firm’s price target on XPO, Inc (XPO) to $15 from $16 and keeps a Strong Buy rating on the shares. The company’s leading position in the attractive boutique fitness market and numerous growth opportunities more than offset any macroeconomic, competitive or execution risks, the analyst tells investors in a research note. The firm doesn’t see the ongoing DOJ and SEC probes as major risks to the company.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XPO:
- XPO, Inc price target lowered to $145 from $165 at BMO Capital
- XPO, Inc price target lowered to $131 from $140 at Stephens
- XPO, Inc price target raised to $123 from $108 at UBS
- XPO’s Strong LTL 2.0 Strategy and Performance Drive Buy Rating Amidst Cautious Outlook
- XPO, Inc price target lowered to $116 from $130 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue