JPMorgan lowered the firm’s price target on XPO, Inc (XPO) to $144 from $156 and keeps an Overweight rating on the shares. The firm updated transport and logistic estimates and price targets ahead of the Q3 reports. JPMorgan lowered estimates across the board, saying tariffs and trade policy uncertainty persisted while spot truckload rates remain subdued.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $83 from $84 at Morgan Stanley
- XPO, Inc price target raised to $162 from $150 at UBS
- XPO, Inc price target raised to $141 from $134 at Evercore ISI
- XPO’s Strategic Positioning and Operational Efficiency Justify Buy Rating with $141 Price Target
- XPO, Inc price target raised to $152 from $140 at Citi