JP Morgan Maintains Overweight on XPO, Raises Price Target to $84
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Brian Ossenbeck maintains an Overweight rating on XPO Logistics (NYSE:XPO) and raises the price target from $68 to $84.
August 07, 2023 | 3:42 pm
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POSITIVE IMPACT
JP Morgan's raised price target for XPO Logistics suggests a positive outlook for the company's stock.
The raised price target by JP Morgan indicates their belief in the company's potential for growth. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100