XPO price target raised to $95 from $90 at Morgan Stanley

Morgan Stanley raised the firm’s price target on XPO (XPO) to $95 from $90 and keeps an Underweight rating on the shares. XPO’s Q4 was relatively in-line and, like peers, management sounded better on January trends on tonnage and operating revenue, which points to modest upside to numbers, the analyst tells investors in a research note.