B of A Securities Upgrades XPO to Buy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter has upgraded XPO Logistics (NYSE:XPO) from Neutral to Buy and raised the price target from $57 to $65.
June 28, 2023 | 9:22 am
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POSITIVE IMPACT
XPO Logistics has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $57 to $65.
The upgrade from Neutral to Buy indicates a positive outlook for XPO Logistics by B of A Securities. The raised price target from $57 to $65 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100