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Fly News Breaks for February 22, 2017
XPO
Feb 22, 2017 | 06:41 EDT
Deutsche Bank analyst Amit Mehrotra believes XPO Logistics' "blockbuster" free cash flow guidance should drive a "solid positive reaction" this morning in the shares. He believes the company's free cash profile structurally impairs the bear thesis on the name. The analyst keeps a Buy rating on XPO with a $60 price target ahead of this morning's earnings conference call.
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