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Fly News Breaks for December 6, 2016
XPO
Dec 6, 2016 | 09:24 EDT
Cowen analyst Jason Seidl raised his price target on XPO Logistics to $54 from $42 after meeting with management. The analyst feels stronger about its story and believes 2016 was a turning point for the company, citing its ability to achieve profitability and a focus on cost cutting and cross selling. Seidl reiterated his Outperform rating on XPO Logistics shares.
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