Initiated Hold X

GXO GXO Logistics

Truist

$40

Initiated Hold X

GXO GXO Logistics

Deutsche Bank

$45

Downgrades Buy Hold X

GXO GXO Logistics

Loop Capital

$71 $49

Initiated Buy X

GXO GXO Logistics

Citigroup

$60

Initiated Overweight X

GXO GXO Logistics

Wells Fargo

$58

Reiterated Buy X

GXO GXO Logistics

TD Cowen

$78 $80

Upgrades Underperform Neutral X

GXO GXO Logistics

Exane BNP Paribas

$50

Reiterated Outperform X

GXO GXO Logistics

TD Cowen

$70 $78

Reiterated Outperform X

GXO GXO Logistics

TD Cowen

$72 $70

Initiated Buy X

GXO GXO Logistics

UBS

$74

Downgrades Neutral Underperform X

GXO GXO Logistics

Exane BNP Paribas

$40

Upgrades Eq-Weight Overweight X

GXO GXO Logistics

Morgan Stanley

$45 $60

Initiated Neutral X

GXO GXO Logistics

Exane BNP Paribas

$40

Initiated Buy X

GXO GXO Logistics

Jefferies

$70

Reiterated Outperform X

GXO GXO Logistics

Cowen

$64 $67

Initiated Outperform X

GXO GXO Logistics

Credit Suisse

$65

Resumed Equal Weight X

GXO GXO Logistics

Barclays

$60

Initiated Outperform X

GXO GXO Logistics

Cowen

$64

GXO  GXO Logistics, Inc.

GXO Logistics, Inc., together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, and other supply chain services, as well as reverse logistics or returns management services. As of December 31, 2021, it operated in approximately 906 facilities. The company serves various customers in the e-commerce, omnichannel retail, consumer technology, food and beverage, industrial and manufacturing, and consumer packaged goods industries. GXO Logistics, Inc. was incorporated in 2021 and is headquartered in Greenwich, Connecticut.