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XPO (XPO) Gets a Buy from Wells Fargo

Tipranks - Tipranks - Fri Mar 6, 12:06PM CST

Wells Fargo analyst Christian Wetherbee maintained a Buy rating on XPO on March 3 and set a price target of $205.00.

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Wetherbee covers the Industrials sector, focusing on stocks such as FedEx, Knight Transportation, and Old Dominion Freight. According to TipRanks, Wetherbee has an average return of 15.4% and a 62.74% success rate on recommended stocks.

In addition to Wells Fargo, XPO also received a Buy from Bank of America Securities’s Ken Hoexter in a report issued yesterday. However, on March 3, Evercore ISI maintained a Hold rating on XPO (NYSE: XPO).

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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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