XPO, Inc price target lowered to $125 from $135 at Barclays

Barclays analyst Eric Morgan lowered the firm’s price target on XPO, Inc (XPO) to $125 from $135 and keeps an Overweight rating on the shares. The company’s in-line Q1 results and a mostly unchanged 2025 outlook come as relief for investors that had been braced for a worse outcome, the analyst tells investors in a research note. The firm added that, after accounting for Q1 results, company guidance, and management commentary, it takes its operating income view lower, resulting in lower 2025 and 2026 earnings per share estimates.