Benchmark Maintains Buy on XPO, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Christopher Kuhn maintains a 'Buy' rating on XPO Logistics (NYSE:XPO) and raises the price target from $53 to $65.
July 11, 2023 | 11:26 am
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POSITIVE IMPACT
The 'Buy' rating maintained by Benchmark analyst Christopher Kuhn and the raised price target from $53 to $65 could potentially boost investor confidence in XPO Logistics.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The maintained 'Buy' rating indicates the analyst's positive outlook on the company, while the raised price target suggests a higher future stock price. This could potentially lead to increased investor interest and a short-term rise in XPO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100