XPO Reports Second Quarter 2024 Results

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XPO (XPO) PT Raised to $147 at JPMorgan

August 1, 2024 3:57 PM EDT

JPMorgan analyst Brian Ossenbeck raised the price target on XPO (NYSE: XPO) to $147.00 (from $134.00) while maintaining a Overweight rating.

The analyst comments "XPO posted another headline beat that the stock faded, similar to 1Q24 results, although a surprisingly weak manufacturing PMI earlier this morning certainly did not help. The company avoided the mix, yield and start-up cost issues... More