Oppenheimer Maintains Outperform on GXO Logistics, Raises Price Target to $76
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on GXO Logistics (NYSE:GXO) and raised the price target from $67 to $76.
July 19, 2023 | 12:16 pm
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POSITIVE IMPACT
Oppenheimer has maintained an Outperform rating on GXO Logistics and raised the price target from $67 to $76, which could lead to a positive market reaction.
The raised price target by Oppenheimer indicates a positive outlook for GXO Logistics. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100