Stifel Maintains Buy on GXO Logistics, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has maintained a 'Buy' rating on GXO Logistics (NYSE:GXO) but lowered the price target from $77 to $76.
October 16, 2023 | 6:44 pm
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Stifel analyst has maintained a 'Buy' rating on GXO Logistics but lowered the price target from $77 to $76.
The news is directly related to GXO Logistics. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the decrease in the price target is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100