XPO (XPO) Upgraded to Buy: Here's Why
XPO Logistics has been upgraded to a Zacks Rank #2 (Buy) rating, reflecting an upward trend in earnings estimates over the past three months with a consensus estimate increase of 11.3%. The upgrade positions XPO in the top 20% of Zacks-covered stocks, suggesting potential near-term stock price appreciation driven by improving business fundamentals and institutional investor buying pressure.