BMO Capital Maintains Outperform on XPO, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained an 'Outperform' rating on XPO Logistics (NYSE:XPO) and raised the price target from $85 to $87.
September 22, 2023 | 1:29 pm
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POSITIVE IMPACT
BMO Capital's raised price target for XPO Logistics indicates a positive outlook for the company's stock.
The raised price target by BMO Capital suggests that the analyst sees potential for the stock's price to increase. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100