Expeditors: UBS price target 191 USD and freight boom drive the stock
Reading Time: 2 minutes
Drivers of the price increase: An analyst upgrade by the Swiss bank UBS, combined with skyrocketing air freight rates, is attracting institutional buyers to the stock, which is rising on exceptionally high volume. The fundamental momentum: A noticeable recovery in global supply chains and persistently strong volumes in both sea and air freight are significantly boosting earnings forecasts for the logistics company. Convincing business model: Thanks to an asset-light business model and strict cost discipline, the company operates highly profitably...
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