Wells Fargo analyst Christian Wetherbee lowered the firm’s price target on XPO, Inc (XPO) to $116 from $130 and keeps an Overweight rating on the shares. Coming off its call, the firm thinks it’s clear that XPO had the best results/outlook of the LTL group. Pricing growth is well above peers and cost performance also stands out. With these levers, Wells expects better earnings growth than peers again this year.
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