Raymond James Maintains Outperform on XPO, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has maintained an Outperform rating on XPO Logistics (NYSE:XPO) and increased the price target from $130 to $145.
April 15, 2024 | 5:24 pm
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Raymond James has reaffirmed its Outperform rating on XPO Logistics and raised the price target from $130 to $145.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish outlook on the stock, suggesting that the firm believes XPO Logistics is undervalued at its current price and has significant upside potential. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100