UPDATE: Morgan Stanley Reiterates On XPO Logistics On Compelling Upside Despite Risk

In a report published Monday, Morgan Stanley analyst William J. Greene reiterated an Overweight rating on

, but removed the $32.00 price target. In the report, Morgan Stanley noted, “XPO's CEO Brad Jacobs has aggressive growth plans. If successful, XPO could be the single best performing stock in our universe through 2017. The stock is not without risk, but upside is compelling.” XPO Logistics closed on Friday at $26.55.