Susquehanna Maintains Positive on GXO Logistics, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Positive rating on GXO Logistics but lowers the price target from $75 to $73.
September 26, 2024 | 12:54 pm
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Susquehanna analyst Bascome Majors maintains a Positive rating on GXO Logistics but lowers the price target from $75 to $73.
The analyst's decision to maintain a Positive rating suggests continued confidence in GXO Logistics' performance. However, the slight reduction in the price target from $75 to $73 may indicate some caution or adjustment in expectations. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100