Wells Fargo Maintains Overweight on XPO, Lowers Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Christian Wetherbee maintains an Overweight rating on XPO but lowers the price target from $125 to $119.
September 05, 2024 | 3:30 pm
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NEUTRAL IMPACT
Wells Fargo's analyst Christian Wetherbee maintains an Overweight rating on XPO but reduces the price target from $125 to $119, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in XPO's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100