Morgan Stanley Maintains Equal-Weight on XPO, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on XPO Logistics (NYSE:XPO) and raised the price target from $45 to $65.
August 15, 2023 | 1:03 pm
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Morgan Stanley has maintained an Equal-Weight rating on XPO Logistics and raised the price target from $45 to $65.
The raised price target by Morgan Stanley indicates a positive outlook for XPO Logistics. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100