Oppenheimer Maintains Outperform on GXO Logistics, Raises Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Scott Schneeberger maintains an Outperform rating on GXO Logistics (NYSE:GXO) and raises the price target from $62 to $67.
June 12, 2023 | 12:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Oppenheimer analyst Scott Schneeberger maintains an Outperform rating on GXO Logistics and raises the price target from $62 to $67.
The news of Oppenheimer maintaining an Outperform rating and raising the price target for GXO Logistics is positive for the company's stock. This indicates that the analyst has a favorable view of the company's prospects and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on GXO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100