On Jan 07, major Wall Street analysts update their ratings for $XPO (XPO.US)$, with price targets ranging from $85 to $170.
Morgan Stanley analyst Ravi Shanker maintains with a sell rating, and maintains the target price at $85.
BofA Securities analyst Ken Hoexter maintains with a buy rating, and adjusts the target price from $171 to $168.
Citi analyst Ariel Rosa maintains with a buy rating, and adjusts the target price from $179 to $163.
Wells Fargo analyst Christian Wetherbee maintains with a buy rating, and maintains the target price at $170.
SIG analyst Bascome Majors downgrades to a hold rating, and adjusts the target price from $160 to $155.
Furthermore, according to the comprehensive report, the opinions of $XPO (XPO.US)$'s main analysts recently are as follows:
The firm is adjusting its forecasts to account for seasonal influences in the European Transportation segment, reducing its Europe Q4 adjusted EBITDA estimate to $30M from $36M and revising its projected tax rate to 23.5% from 23.0%. Despite these adjustments, the firm remains optimistic about the company's enhancing margins and the favorable cash flow scenario preceding a freight recovery.
Looking towards Q4 results and 2025 outlooks, the recommendation is to focus on early cycle opportunities. There are indications that volume may expand to encompass improved industrial freight. Although near-term expectations are being adjusted, the overall direction of fundamentals remains positive.
Here are the latest investment ratings and price targets for $XPO (XPO.US)$ from 5 analysts:
Note:
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