Citi analyst Ariel Rosa maintains $XPO (XPO.US)$ with a buy rating, and adjusts the target price from $155 to $179.
According to TipRanks data, the analyst has a success rate of 68.9% and a total average return of 17.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $XPO (XPO.US)$'s main analysts recently are as follows:
The firm's analysis indicates a significantly higher potential for earnings growth through 2026, bolstered by market enthusiasm for future prospects that extend past the current downturn. The analysis further implies that the less than truckload sector has considerable volume potential, which is anticipated to be driven by share gains in addition to demand recovery.
Sentiment for North American transport stocks seems to have 'rapidly improved,' despite a mixture of third-quarter earnings and generally cautious fourth-quarter forecasts. There is concern that investors may be pursuing stocks that have already experienced significant increases, with the expectation that companies will need to greatly exceed estimates to justify their current market values. Additionally, there is an increased possibility that earnings for 2025 might not meet expectations.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
