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Jefferies Reaffirms Their Buy Rating on XPO (XPO)

Tipranks - Tipranks - Wed Jan 14, 9:20AM CST

Jefferies analyst Stephanie Moore maintained a Buy rating on XPO today and set a price target of $180.00.

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Moore covers the Industrials sector, focusing on stocks such as FedEx, Casella Waste, and CSX. According to TipRanks, Moore has an average return of 16.3% and a 61.97% success rate on recommended stocks.

In addition to Jefferies, XPO also received a Buy from TD Cowen’s Jason Seidl in a report issued on January 9. However, today, Citi maintained a Hold rating on XPO (NYSE: XPO).

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Based on XPO’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.11 billion and a net profit of $82 million. In comparison, last year the company earned a revenue of $2.05 billion and had a net profit of $95 million

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