Subscribe to Premium
Subscribe to Premium
Advanced Search
+

SA: XPO increasingly attractive as takeover target, Jefferies analyst says

xpo-logistics
By

SEEKING ALPHA writes: “XPO Logistics is maintained with a Buy rating at Jefferies but the firm cuts its stock price target to $92 from $120, saying XPO is caught in a “perfect storm” with its largest customer downsizing the majority of its business and increasing macro and currency headwinds.”

To read the full story, please click here.

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Seeking Alpha XPO Logistics TFI International

    Most Read

    Peak season hopes dashed as freight rates slip again

    CMA CGM liner trades pummelled in Q1 – and there's worse to come

    Pessimistic Yang Ming to refocus on 3PL, terminals and yards

    Mexican rail seizures give near-shoring interests pause for thought

    Digital forwarder Freightwalla's failure reveals home truths

    A joint DHL + Mærsk effort – what investors want

    Will US seize C17 commercial opportunity as Antonov grasps monopoly?

    Retailers outsource ecommerce fulfilment in structural shift

    Major box lines still fighting over diminishing supply of smaller ships

    UPS names John Bolla new president of global healthcare

    Evergreen and Wan Hai face up to bearish market as profits tumble

    Bitter airline battle over carrying US mail heats up in the Pacific

    Congress mulls raft of supply chain bills – but one is missing, say BCOs

    Lufthansa set to buy 41% of ITA – for now

    The vertical challenge in logistics – Marseille vs Copenhagen (Berlin wins?)

    M&A radar: Hey dude, deals?