Wells Fargo Maintains Overweight on GXO Logistics, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Allison Poliniak Cusic has maintained an Overweight rating on GXO Logistics (NYSE:GXO) but lowered the price target from $75 to $65.
November 09, 2023 | 3:40 pm
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NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on GXO Logistics but lowered the price target from $75 to $65.
The news is directly related to GXO Logistics. While the Overweight rating indicates a positive outlook, the lowering of the price target may have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100