Evercore ISI raised the firm’s price target on XPO, Inc (XPO) to $151 from $141 and keeps an Outperform rating on the shares. XPO delivered a solid Q3 performance, exceeding both the firm’s and Wall Street’s EPS expectations thanks to better yields and productivity gains. The firm added that XPO’s ability to maintain momentum in pricing and productivity, even with anticipated volume declines, underpins its robust investment thesis.
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