Goldman Sachs Maintains Buy on XPO, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jordan Alliger maintains a Buy rating on XPO Logistics (NYSE:XPO) and raises the price target from $49 to $56.
July 13, 2023 | 12:26 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on XPO Logistics and raises the price target from $49 to $56.
The news of Goldman Sachs maintaining a Buy rating and raising the price target for XPO Logistics is likely to have a positive impact on the company's stock in the short term. This is because such an endorsement from a reputable financial institution often boosts investor confidence and can lead to increased demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100