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Fly News Breaks for September 14, 2015
XPO, CNW
Sep 14, 2015 | 08:27 EDT
Cowen lowered its price target on XPO Logistics (XPO) to $50 from $55 to reflect its acquisition of Con-way (CNW). The firm believes shares upside may be limited in the near-term as investors await concrete guidance and operational progress. Cowen reiterated its Outperform rating on XPO Logistics shares.
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