Oppenheimer raised the firm’s price target on XPO (XPO) to $236 from $228 and keeps an Outperform rating on the shares. The firm notes XPO outperformed again in Q1 2026. The company’s North American LTL Q1 adjusted operating ratio improved 200 basis points year-over-year. Macro improvement could potentially lead to adjusted operating ratio upside, Oppenheimer adds.
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