XPO Logistics has reached attractive entry point, says Stifel After XPO's stock tumbled 28% from its March high, Stifel thinks the stock will reach $34 over the next 12 months, versus its Friday closing price of $23.31. The firm says that the company's growth is generally not a function of the rate of economic growth. It keeps a Buy rating on the shares.
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.