UBS Maintains Buy on GXO Logistics, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on GXO Logistics (NYSE:GXO) but lowers the price target from $71 to $66.
August 07, 2024 | 4:13 pm
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NEUTRAL IMPACT
UBS analyst Thomas Wadewitz maintains a Buy rating on GXO Logistics but lowers the price target from $71 to $66.
The Buy rating suggests continued confidence in GXO Logistics' performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100