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Fly News Breaks for May 4, 2016
XPO
May 4, 2016 | 06:46 EDT
Deutsche Bank analyst Robert Salmon expects shares of XPO Logistics to react positively to last night's Q1 results. XPO has already achieved $90M of annualized synergies since the Con-way acquisition, Salmon tells investors in a research note. He views the earnings report as solid and keeps a Buy rating on the name with a $37 price target.
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