Wells Fargo Maintains Equal-Weight on XPO, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Allison Poliniak has maintained an Equal-Weight rating on XPO Logistics (NYSE:XPO) and raised the price target from $58 to $78.
August 07, 2023 | 12:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on XPO Logistics and raised the price target from $58 to $78, which could potentially lead to an increase in the stock's price.
The raised price target by Wells Fargo indicates a positive outlook for XPO Logistics. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100