Goldman Sachs Maintains Buy on XPO, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jordan Alliger maintains a Buy rating on XPO but lowers the price target from $139 to $136.

October 09, 2024 | 6:01 pm
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Goldman Sachs has reaffirmed its Buy rating on XPO, indicating continued confidence in the company's prospects. However, the price target has been slightly reduced from $139 to $136, suggesting a more cautious outlook.
The reaffirmation of the Buy rating suggests that Goldman Sachs still sees potential in XPO, which is positive. However, the slight reduction in the price target indicates a tempered outlook, possibly due to market conditions or company performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100