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Truist Financial Lowers Expeditors International of Washington (NASDAQ:EXPD) Price Target to $140.00
Truist Financial has reduced its price target for Expeditors International of Washington (NASDAQ:EXPD) to $140.00 from $160.00, maintaining a “hold” rating, suggesting a slight downside. The logistics company recently reported Q4 EPS of $1.49, beating analyst estimates, despite a year-over-year revenue decrease of 3.3%. Expeditors’ board also approved a new $3.0 billion share repurchase program.