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Fly News Breaks for February 23, 2017
XPO
Feb 23, 2017 | 08:30 EDT
Credit Suisse analyst Allison Landry raised her price target for XPO Logistics to $63 from $47 saying the company continues to deliver on its targets for EBITDA and free cash flow, which is de-risking the stock and moving the valuation toward a multiple that is more consistent with its peer group. The analyst reiterates an Outperform rating on the shares.
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