GXO Logistics price target lowered to $66 from $67 at Stifel

Stifel analyst J. Bruce Chan lowered the firm’s price target on GXO Logistics (GXO) to $66 from $67 and keeps a Buy rating on the shares. For 2026, the firm believes the focus for transport stocks will be on supply rationalization and cost-driven self-help, says the analyst, who continues to position “more conservatively in high-quality names that preserve or even expand share in a mild pullback.”