XPO, Inc price target raised to $160 from $145 at Susquehanna

Susquehanna analyst Bascome Majors raised the firm’s price target on XPO, Inc to $160 from $145 and keeps a Positive rating on the shares. The firm acknowledged tepid LTL volumes imply downside to 2025 consensus estimates for core LTLs. But with no LTL price war emerging, they remain constructive on XPO, Inc and their view of a gradual 2025 recovery.