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Fly News Breaks for August 2, 2018
XPO
Aug 2, 2018 | 07:41 EDT
Deutsche Bank analyst Amit Mehrotra views XPO Logistics' Q2 results as "very solid, albeit uneventful." The analyst expects expect the stock to be up today on "encouraging organic growth trends" and thinks a "more pronounced move" will likely come following the earnings call. Mehrotra hopes to get an update on the timeline of an acquisition and the revenue opportunity from XPO Direct and Last Mile Expansion in Europe. He keeps a Buy rating on XPO Logistics.
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