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Fly News Breaks for February 19, 2019
XPO
Feb 19, 2019 | 06:30 EDT
Loop Capital analyst Jeffrey Kauffman lowered his price target on XPO Logistics to $72 after its "disappointing" Q4 earnings miss and reduced FY19 free cash flow outlook, saying the management appears to be in "triage mode" with a "speedy" announcement of new directors. The analyst maintains his Buy rating however, given the "attractive valuation" on the stock.
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