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XPO

XPO Logistics

, SNDR

Schneider National

09:40
06/12/17
06/12
09:40
06/12/17
09:40

Citi moves XPO Logistics to top pick in Trucking

There is a case for preferring less than load over full truckload due to better cyclical exposures, e-commerce shifts and pricing trends, Citi analyst Christian Wetherbee told investors earlier in a research note. He views XPO Logistics (XPO) as best positioned to leverage these dynamics and makes the name his new top pick in Trucking. The analyst raised his price target for the shares to $75. He also upped his price target for Schneider National (SNDR) to $24.

XPO

XPO Logistics

SNDR

Schneider National

  • 07

    Jul

XPO XPO Logistics

05/04/17
DBAB
05/04/17
NO CHANGE
Target $75
DBAB
Buy
XPO shares should react positively to results, says Deutsche Bank
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.
05/10/17
OPCO
05/10/17
NO CHANGE
Target $63
OPCO
Outperform
XPO Logistics price target raised to $63 from $58 at Oppenheimer
Oppenheimer analyst Scott Schneeberger raised his price target for XPO Logistics to $63 from $58 after the company followed its "strong Q1" adjusted EBITDA, EPS, and free cash flow outperformance of expectations with upbeat commentary at the Oppenheimer Industrial Growth Conference. The analyst reiterates an Outperform rating on the shares.
06/05/17
DBAB
06/05/17
NO CHANGE
Target $75
DBAB
Buy
Deutsche Bank sees 75% upside potential in XPO Logistics
Deutsche Bank analyst Amit Mehrotra sees potential for 75% additional upside in shares of XPO Logistics. The biggest theme in U.S. transportation is the ongoing restructuring of America's retail landscape, Mehrotra tells investors in a research note. E-commerce is accelerating, while most traditional brick-and-mortar outlets are in stagnation, the analyst contends. He estimates e-commerce penetration will increase 50% by 2020 relative 2016, equating to 75% growth in e-commerce sales, should current trends continue. XPO is one of the biggest beneficiaries of these secular trends, Mehrotra writes. He has a Buy rating on XPO with a $75 price target. The provider of supply chain solutions closed Friday up 60c to $54.45.
06/12/17
WELS
06/12/17
NO CHANGE
Target $72
WELS
Outperform
XPO Logistics price target raised to $72 from $56 at Wells Fargo
Wells Fargo analyst Casey Deak Friday afternoon raised his price target for XPO Logistics shares to $72 and kept an Outperform rating on the name. Deak continues to expect XPO to deliver above peer EBITDA growth as it executes on its integration efforts and improves margin. The analyst continues to favor the name.
SNDR Schneider National

05/01/17
MSCO
05/01/17
INITIATION
Target $24
MSCO
Overweight
Schneider National initiated as a 'Top Pick' at Morgan Stanley
Morgan Stanley analyst Ravi Shanker initiated Schneider National with an Overweight and a $24 price target, and named it a new "Top Pick" in North American Freight Transportation to reflect improving truckload demand, tightening supply from ELDs, technology leadership, and below peer valuation.
05/01/17
WOLF
05/01/17
INITIATION
WOLF
Peer Perform
Schneider National initiated with a Peer Perform at Wolfe Research
05/01/17
05/01/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Service Corp. (SCI) initiated with a Buy at Deutsche Bank. 2. Schneider National (SNDR) was initiated with a Peer Perform at Wolfe Research, as a 'Top Pick' at Morgan Stanley, a Buy at UBS and BofA/Merrill, an Outperform at Wells Fargo, Baird, and Credit Suisse, as well as an Overweight at JPMorgan. 3. e.l.f. Beauty (ELF) was assumed with an Overweight at Piper Jaffray, while the firm resumed Estee Lauder (EL) and Ulta Beauty (ULTA) with an Overweight. 4. Hess Midstream Partners (HESM) was initiated with an Equal Weight at Morgan Stanley, an Overweight at MUFG and JPMorgan, and a Buy at Goldman Sachs. 5. Centennial Resource Development (CDEV) initiated with a Buy at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
05/02/17
SBSH
05/02/17
INITIATION
Target $22
SBSH
Buy
Schneider National initiated with a Buy at Citi (yesterday)
Citi analyst Christian Wetherbee yesterday morning started Schneider National with a Buy rating and $22 price target.

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