Wells Fargo Maintains Overweight on XPO, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Christian Wetherbee has maintained an Overweight rating on XPO and raised the price target from $119 to $150.
October 31, 2024 | 8:02 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for XPO from $119 to $150, maintaining an Overweight rating. This suggests a positive outlook for XPO's stock.
The increase in price target from $119 to $150 by a major financial institution like Wells Fargo indicates a strong positive sentiment towards XPO's future performance. The Overweight rating suggests that the stock is expected to outperform the market, which is likely to attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100