XPO Logistics cancels terminates strategic review, that could have led to sale of business units [MarketWatch]
XPO, Inc. (XPO)
Last xpo, inc. earnings: 2/10 04:15 pm
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Source: MarketWatch
XPO Logistics cancels terminates strategic review, that could have led to sale of business units XPO Logistics Inc. XPO, -6.71% disclosed Friday that it has terminated the previously announced review of strategic alternatives, "in light of current market conditions." The transportation and logistics company's stock had surged 15.1% to $95.35 on Jan. 16, after the company said it might sell off one or more of its business units as part of the strategic review. The stock, which was still inactive in premarket trading, has tumbled 57.7% over the past month, amid concerns over the impact of the coronavirus outbreak. Over the same time, the Dow Jones Transportation Average DJT, +1.54% has dropped 35.8% and the Dow Jones Industrial Average DJIA, +0.95% has lost 31.3%.
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XPO
News
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Citigroup Inc. from $127.00 to $155.00. They now have a "buy" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Wells Fargo & Company from $119.00 to $150.00. They now have an "overweight" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at TD Cowen from $137.00 to $150.00. They now have a "buy" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Barclays PLC from $145.00 to $150.00. They now have an "overweight" rating on the stock.MarketBeat
- XPO Reports Third Quarter 2024 ResultsGlobeNewswire
XPO
Earnings
- 10/30/24 - Beat
XPO
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/30/24 - Form 8-K
- XPO's page on the SEC website