Oppenheimer lowered the firm’s price target on XPO, Inc (XPO) to $142 from $176 and keeps an Outperform rating on the shares ahead of its Q1 earnings release. The North American Less-Than-Truckload pure-plays have recently traded lower, primarily due to demand concerns prompted by increased economic uncertainty stemming from recently announced U.S. tariffs. This is creating an intriguing entry point, as XPO remains well-positioned to deliver significant adjusted ratio improvement, including in 2025, despite incrementally challenging macroeconomic headwinds, Oppenheimer says.
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 $135 from $150 at Barclays
- XPO, Inc price target lowered to $138 from $180 at Susquehanna
- XPO, Inc price target lowered to $131 from $150 at BofA
- XPO’s Strong Performance and Strategic Initiatives Drive Buy Rating Amidst Market Challenges
- XPO, Inc announces $750M share repurchase plan
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue