XPO, Inc price target raised to $140 from $130 at Benchmark

Benchmark analyst Christopher Kuhn raised the firm’s price target on XPO, Inc (XPO) to $140 from $130 and keeps a Buy rating on the shares. XPO’s terminal expansion and continued growth of its local account business is offsetting domestic freight weakness leading to volumes that are generally in-line with normal seasonality and the company’s expectations, the analyst tells investors in a research note.