Wall St analysts rally to XPO Logistics’ cause

Last week’s financial report by activist investor Source Point Capital, which made a series of claims about XPO Logistics that led to a dramatic decline in its share price, has been heavily criticised by other Wall St financial analysts.
The company’s share price has since rebounded 25% after a series of banking analysts claimed the note was an attempt to short sell XPO’s stock.
“There are enough inaccuracies in the report, and …

The post Wall St analysts rally to XPO Logistics’ cause appeared first on The Loadstar.

Source: The Loadstar

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