Stifel Lowers GXO Logistics Price Target to $63

Reported 2 days ago

Stifel analyst J. Bruce Chan has reduced the price target for GXO Logistics from $66 to $63 while maintaining a Buy rating. The analyst expressed optimism about GXO's recent Q1 earnings call, highlighting its resilience compared to other logistics companies, particularly due to its European revenue focus. GXO remains one of the firm's top picks amidst ongoing tariff issues.

Source: YAHOO

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