UBS Maintains Buy on GXO Logistics, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on GXO Logistics (NYSE:GXO) but lowers the price target from $74 to $71.
November 09, 2023 | 7:56 pm
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NEUTRAL IMPACT
UBS analyst maintains a Buy rating on GXO Logistics but lowers the price target from $74 to $71.
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 rating is still a Buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100