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Launch
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XPO, Inc. $XPO Shares Acquired by Picton Mahoney Asset Management
Picton Mahoney Asset Management significantly increased its stake in XPO, Inc. by 155.2% during the third quarter, acquiring an additional 92,311 shares and bringing its total ownership to 151,785 shares valued at $19.62 million. Other institutional investors also adjusted their positions in the transportation company. Analysts have issued a “Moderate Buy” consensus rating for XPO, with a target price of $179.68, following recent target price boosts and an earnings beat.