Oppenheimer raised the firm’s price target on XPO, Inc (XPO) to $150 from $126 and keeps an Outperform rating on the shares heading into the company’s Q2 results release. Despite challenging macroeconomic headwinds, the firm expects XPO to deliver adjusted operating ratio improvement year-over-year in Q2 and for full year 2025. This implies outperformance within the North American LTL industry, as consensus expectations for the adjusted operating ratios of XPO’s closest peers is for deterioration year-over-year this year.
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