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Citi Remains a Hold on XPO (XPO)

Tipranks - Tipranks - Tue Feb 24, 5:40AM CST

In a report released on February 20, Ariel Rosa from Citi maintained a Hold rating on XPO, with a price target of $205.00. The company’s shares closed last Friday at $209.87.

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Rosa covers the Industrials sector, focusing on stocks such as XPO, Knight Transportation, and Old Dominion Freight. According to TipRanks, Rosa has an average return of 19.1% and a 77.00% success rate on recommended stocks.

Currently, the analyst consensus on XPO is a Moderate Buy with an average price target of $195.80, which is a -6.70% downside from current levels. In a report released on February 11, Susquehanna also downgraded the stock to a Hold with a $210.00 price target.

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Based on XPO’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.01 billion and a net profit of $59 million. In comparison, last year the company earned a revenue of $1.92 billion and had a net profit of $75 million

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