XPO, Inc price target lowered to $142 from $176 at Oppenheimer

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.