JP Morgan Maintains Overweight on XPO, Lowers Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains an Overweight rating on XPO but lowers the price target from $147 to $143.
September 06, 2024 | 6:16 pm
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NEUTRAL IMPACT
JP Morgan analyst Brian Ossenbeck maintains an Overweight rating on XPO but lowers the price target from $147 to $143, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in XPO's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100