Credit Suisse Reiterates Outperform on GXO Logistics, Maintains $81 Price Target
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Ariel Rosa has reiterated an 'Outperform' rating on GXO Logistics (NYSE:GXO) and maintained a price target of $81.
August 11, 2023 | 1:03 pm
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Credit Suisse has reiterated an 'Outperform' rating on GXO Logistics and maintained a price target of $81.
The reiteration of an 'Outperform' rating by Credit Suisse indicates a positive outlook for GXO Logistics. The maintained price target of $81 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100