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XPO, Inc upgraded to Buy from Neutral at Citi

Citi analyst Ariel Rosa upgraded XPO, Inc (XPO) to Buy from Neutral with an unchanged price target of $140 post the Q2 report. The firm cites valuation for the upgrade following the stock’s 9% post-earnings decline. XPO is executing well despite the weak macro environment, the analyst tells investors in a research note.

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