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Fly News Breaks for May 4, 2017
XPO
May 4, 2017 | 05:53 EDT
Deutsche Bank analyst Amit Mehrotra expects shares of XPO Logistics to react positively to last night's Q1 results.The free cash flow number was about $30M better than buy/sell-side fears while adjusted EBITDA was well ahead of expectations, Mehrotra tells investors in a post-earnings research note. He keeps a Buy rating on XPO with a $75 price target.
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