XPO price target raised to $220 from $210 at Benchmark

Benchmark analyst Christopher Kuhn raised the firm’s price target on XPO (XPO) to $220 from $210 and keeps a Buy rating on the shares. The company’s quarter-to-date less-than-truckload operating data for Q1 released last night are tracking ahead of the firm’s 0.6% volume decline forecast, though March “remains the most important month of the quarter,” the analyst tells investors following the update from the company.