XPO, Inc price target lowered to $134 from $136 at Evercore ISI

Evercore ISI lowered the firm’s price target on XPO, Inc (XPO) to $134 from $136 and keeps an Outperform rating on the shares after Q2 adjusted EPS of $1.05 beat the firm’s estimate and the average Street forecast and XPO also effectively raised its Q3 “guide” by noting that its operating ratio should be roughly in-line with the Q2 result. Following the report, the firm is raising its FY25 EPS estimate to $3.64 from $3.58, but lowering its 2026 forecast to $4.33 from $4.52, the analyst noted.