Wells Fargo Maintains Overweight on GXO Logistics, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Allison Poliniak Cusic has maintained an Overweight rating on GXO Logistics (NYSE:GXO) and raised the price target from $67 to $75.
August 04, 2023 | 3:45 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on GXO Logistics and raised the price target from $67 to $75, indicating a positive outlook for the company.
The raised price target by Wells Fargo 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