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Fly News Breaks for October 30, 2018
XPO
Oct 30, 2018 | 07:53 EDT
As previously reported, BofA/Merrill upgraded XPO Logistics to Buy from Neutral and lowered its price target to $105 from $111. Analyst Ariel Rosa believes the recent pullback in shares offers attractive risk/reward and believes diversified multiple revenue streams and diversified business lines provide downside protection in an economic slowdown.
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