Credit Suisse Maintains Outperform on GXO Logistics, Raises Price Target to $68
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Ariel Rosa maintains an Outperform rating on GXO Logistics (NYSE:GXO) and raises the price target from $65 to $68.
June 13, 2023 | 12:00 pm
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POSITIVE IMPACT
Credit Suisse maintains an Outperform rating on GXO Logistics and raises the price target from $65 to $68.
The raised price target by Credit Suisse indicates a positive outlook for GXO Logistics. This news is likely to have a positive impact on the stock price in the short term as it shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100