Barclays analyst Brandon Oglenski maintained a Hold rating on GXO Logistics (GXO – Research Report) today and set a price target of $52.00. The company’s shares closed last Friday at $45.22.
Shares of GXO fell more than 9% at $53.5 in premarket trading, with stock down roughly 4% year to date based on last close. Wilson has been at the helm since August 2021, when GXO was spun off ...
GXO is down 24% YoY and 30% from its 2024 peak due to rising costs and CEO departure concerns. Despite challenges, GXO has strong top-line growth, with revenues up 28% YoY and a growing $2.4B ...
GXO Logistics’ recurring revenue, industry-leading automation, and defensive contract structures provide strong visibility, making it well-positioned to thrive across economic cycles. Organic ...