TD Cowen raised the firm’s price target on XPO Logistics (XPO) to $77 from $51 and keeps an Outperform rating on the shares. The firm said Q2 came in above expectations and July trends show benefit of Yellow (YELL) shipments coming onto its network; the exit of Yellow should give XPO and other LTLs more pricing power.
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Read More on XPO:
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