The Analyst Landscape: 8 Takes On GXO Logistics
Portfolio Pulse from Benzinga Insights
The article discusses the latest analyst ratings for GXO Logistics (NYSE:GXO), highlighting a mix of bullish and bearish perspectives. Analysts have set a 12-month price target range from $50.00 to $82.00, with an average target of $69.12, down from the previous $75.25. Key analysts from firms like Wells Fargo, Stifel, Morgan Stanley, TD Cowen, Loop Capital, JP Morgan, and Exane BNP Paribas have provided their ratings and price targets, reflecting their views on GXO's market standing.
June 07, 2024 | 3:00 pm
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GXO Logistics has received mixed analyst ratings with a 12-month price target range of $50.00 to $82.00, and an average target of $69.12, down from $75.25. Analysts from major firms have provided varied ratings, reflecting a cautious outlook.
The mixed analyst ratings and the reduction in the average price target suggest a cautious outlook for GXO Logistics. While some analysts remain bullish, the overall sentiment appears to be more reserved, indicating potential volatility in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100