Stifel Upgrades XPO to Buy, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has upgraded XPO (NYSE:XPO) from Hold to Buy and raised the price target from $115 to $120.
May 24, 2024 | 9:48 am
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POSITIVE IMPACT
Stifel analyst J. Bruce Chan has upgraded XPO from Hold to Buy and increased the price target from $115 to $120, indicating a positive outlook for the stock.
The upgrade from Hold to Buy and the increase in the price target suggest that the analyst sees significant upside potential in XPO's stock. This is likely to positively impact the stock price in the short term as investors react to the improved rating and higher price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100