Barclays Maintains Overweight on XPO, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski maintains an Overweight rating on XPO Logistics (NYSE:XPO) and raises the price target from $100 to $125.
February 08, 2024 | 8:29 pm
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Barclays has raised the price target for XPO Logistics from $100 to $125, maintaining an Overweight rating.
The increase in price target by a reputable analyst like Brandon Oglenski from Barclays, along with maintaining an Overweight rating, suggests a strong bullish outlook for XPO Logistics. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100