Stifel Raises XPO Stock Price Target to $206, Maintains 'Buy' Rating

Stifel analyst J. Bruce Chan has maintained a "Buy" rating for XPO and raised the price target from $166.00 to $206.00, a 24.10% increase. XPO is expected to become a pure-play asset-based less-than-truckload carrier after the spinoff of its contract logistics and freight brokerage operations. The average target price for XPO is $169.54 with a high estimate of $215.00 and a low estimate of $95.00, indicating a downside of 14.82% from the current price.