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Fly News Breaks for March 15, 2019
KSU, XPO
Mar 15, 2019 | 07:31 EDT
Deutsche Bank analyst Amit Mehrotra closes his short-term ideas on both XPO Logistics (XPO) and Kansas City Southern (KSU). On XPO, the analyst says the "quick recovery" in the shares he expected from management's buyback efforts has not materialized. However, his long-term fundamental rating remains Buy on the stock. On Kansas City Southern, Mehrotra notes the shares are now the best performing rail stock year-to-date. His long-term fundamental rating remains Buy on the shares.