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Fly News Breaks for May 7, 2015
XPO
May 7, 2015 | 07:07 EDT
Stifel hiked its price target on XPO after the company reported a lower than expected Q1 loss but provided lower than expected Q2 EBITDA guidance. The firm notes that the company's 2015 guidance has doubled over the last three months, and it believes that the company appears on track to far exceed 2015 expectations. It reiterates a Buy rating on the shares.
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