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.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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 raised to $141 from $131 at TD Cowen
- XPO, Inc price target raised to $162 from $155 at Susquehanna
- XPO, Inc price target raised to $150 from $140 at Benchmark
- XPO, Inc price target raised to $166 from $144 at JPMorgan
- XPO, Inc price target raised to $154 from $150 at Oppenheimer