Morgan Stanley Reiterates Equal-Weight on XPO, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reiterated an Equal-Weight rating on XPO Logistics (NYSE:XPO) and maintained a $45 price target.
July 06, 2023 | 2:18 pm
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Morgan Stanley has reiterated an Equal-Weight rating on XPO Logistics and maintained a $45 price target.
The news is directly about XPO Logistics. Morgan Stanley's reiteration of an Equal-Weight rating and maintenance of a $45 price target suggests that they believe the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100