TD Cowen Maintains Buy on GXO Logistics, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Seidl maintains a Buy rating on GXO Logistics (NYSE:GXO) and raises the price target from $80 to $82.
May 09, 2024 | 4:29 pm
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POSITIVE IMPACT
TD Cowen reaffirms a Buy rating on GXO Logistics and increases the price target to $82.
The upgrade in price target by TD Cowen reflects a positive outlook on GXO Logistics, suggesting confidence in the company's future performance. This analyst endorsement is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100