Transportation stocks pullback offers buying opportunity? Citi optimistic about industry cycle improvement, upgrades XPO (XPO.US) rating to "Buy"
智通财经2026/10/07 15:46Show original
According to Jinshi Finance APP, Citi Research believes that the recent general pullback in the US transportation sector has made freight stock valuations attractive again. Analyst Ariel Rosa has therefore become more optimistic about the industry's outlook and has upgraded the rating of less-than-truckload (LTL) company XPO (XPO.US) from "Neutral" to "Buy," while also expecting the company to deliver strong performance in the third quarter.
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Zhitong Finance APP reports that Citi Research believes the recent broad pullback in the US transportation sector has made freight stocks attractive in terms of valuation once again. As a result, the bank’s analyst Ariel Rosa has become more optimistic about the industry's outlook and has upgraded the rating of less-than-truckload (LTL) company XPO (XPO.US) from "Neutral" to "Buy." At the same time, the analyst expects the company to deliver strong performance in the third quarter.
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