JPMorgan analyst Brian Ossenbeck raised his price target for XPO Logistics to $50 saying the company generated "significant" free cash flow in Q2 with an upward revision to 2016 guidance. The earnings report will "pressure one of the highest short interests in transports" and attract a "significant amount of investors just beginning to do work on the XPO story," Ossenbeck tells investors in a post-earnings research note. XPO can command a valuation, as integration risk and leverage subside, consistent with peers on a sum of the parts framework, which would imply an $82 per share target, the analyst contends. He keeps an Overweight rating on XPO.