UPDATE: FBR Upgrades XPO Logistics Based on Solid Gains and Margin Improvements
October 14, 2013 at 11:45 AM EDT
In a report published Monday, FBR Capital Markets analyst John Mims upgraded XPO Logistics, Inc. (NYSE: XPO ) from Market Perform to Outperform and raised the 12-month PT from $18 to $30. Management at XPO Logistics confirmed their confidence on delivering a solid EBITDA in 4Q13 and set a 2017