XPO Logistics sell-off a buying opportunity, says Deutsche Bank Deutsche Bank views the recent pullback in shares of XPO Logistics as a buying opportunity. The firm attributes the sell-off to a combination of merger arbitragers and sector rotation into value. It views the pullback as overdone and keeps a Buy rating on XPO with a $38 price target.
XPO Logistics sees 2015 annual revenue run rate of at least $5.25B Sees annual EBITDA run rate of at least $300M by December 31, and at least $1.5B of acquired historical annual revenue for the full year. The company reaffirmed its financial targets for the full year 2017: Revenue of approximately $9.0B and EBITDA of approximately $575M.