BofA Securities analyst Ken Hoexter maintains $XPO (XPO.US)$ with a buy rating, and maintains the target price at $168.
According to TipRanks data, the analyst has a success rate of 51.6% and a total average return of 4.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $XPO (XPO.US)$'s main analysts recently are as follows:
The projected seasonal pressure in the European Transportation sector prompted a revision in the financial model, including a decrease in the Europe Q4 adjusted EBITDA expectation from $36M to $30M and an adjustment in the assumed tax rate from 23.0% to 23.5%. Optimism persists regarding the company's enhancing margins and cash flow situation, anticipating a recovery in freight.
Looking ahead to Q4 results and the 2025 outlook, the assessment remains consistent: favor an early cycle approach. Observations suggest that volume may expand to include improved industrial freight conditions. While near-term expectations are being adjusted, the overall direction of fundamentals remains positive.
Note:
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