Comment / Snapshot: Bull turns into bear on XPO Logistics – big downgrade comes

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Remember last week’s coverage of XPO Logistics by yours truly (with the crucial help of those in the know)?

We talked about “XPO fatigue“, which in hindsight was quite appropriate, it seems.

Because today Deutsche Bank, a stock bull turned into bear – it has often supported the stock – told investors that we need to be cautions with regard to this value-search story.

In a note headed “XPO downgrade on service”, Amit Mehrotra wrote that the downgrade “earlier this morning, to Hold from ...