XPO, Inc price target raised to $164 from $159 at Citi

Citi raised the firm’s price target on XPO, Inc (XPO) to $164 from $159 and keeps a Buy rating on the shares following the mid-quarter update. The firm says the company’s volumes are trending softer than typical seasonality among the macro weakness. XPO is executing well but the shares are :expensive,” the analyst tells investors in a research note.