XPO to close Verizon-contracted warehouse in Memphis

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XPO Logistics (XPO) PT Lowered to $65 at BofA/Merrill Lynch

February 15, 2019 10:08 AM EST

BofA/Merrill Lynch analyst Ariel Rosa lowered the price target on XPO Logistics (NYSE: XPO) to $65.00 (from $76.00) while maintaining a Buy rating following 4Q. XPO reported 4Q18 adj EPS of $0.72, up 61% y-y, below consensus $0.84 estimates. Adjusted EBITDA was $380 million, up 13% y-y, but $21 million below... More