B of A Securities Maintains Neutral on XPO, Raises Price Target to $52
Portfolio Pulse from jenniferd'souza@benzinga.com
B of A Securities analyst Ken Hoexter maintains a Neutral rating on XPO Logistics (NYSE:XPO) and raises the price target from $50 to $52.

June 07, 2023 | 11:53 am
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on XPO Logistics and raises the price target from $50 to $52.
The news of B of A Securities maintaining a Neutral rating on XPO Logistics and raising the price target from $50 to $52 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance in the short term. This news is directly related to XPO and is important for investors, but the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100