XPO price target raised to $250 from $195 at Barclays

Barclays raised the firm’s price target on XPO (XPO) to $250 from $195 and keeps an Overweight rating on the shares. The company reported solid Q1 results and guidance which support positive estimate revisions, the analyst tells investors in a research note. The firm sees further upside potential given XPO’s recent demand momentum and “still-strong pricing prospects.”