GXO Logistics price target lowered to $57 from $63 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on GXO Logistics (GXO) to $57 from $63 and keeps an Overweight rating on the shares. GXO delivered a roughly inline Q4 report, but softer than expected 2025 guidance was “the culprit” behind the stocks 15% decline, the analyst tells investors. While the firm continues to think GXO has a unique, attractive business model that can deliver “defensive growth,” it adds that “numbers need to start going up soon,” while arguing that “the stock has sold off enough to keep risk reward attractive.”