One of the more well-known tense relationships on Wall Street between an analyst and a company is coming to an end.
In an email to clients sent late Tuesday, the transportation research team at Deutsche Bank led by Amit Mehrotra said it was ceasing coverage of XPO Logistics (NYSE: XPO).
“Due to changes in team priorities, we are dropping coverage of XPO Logistics effective immediately,” the email said. “Our previous ratings and price target should no longer be relied upon.”
There was no further...