Oppenheimer raised the firm’s price target on GXO Logistics (GXO) to $62 from $55 and keeps an Outperform rating on the shares. The firm notes Q2 revenue grew 16% year-over-year via +6%/+6%/+4% year-over organic growth/M&A/forex, respectively, and exceeded its estimate/consensus.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GXO:
- GXO Logistics price target raised to $60 from $57 at Wells Fargo
- GXO Logistics Reports Strong Q2 2025 Growth
- GXO Logistics: Strong Financial Performance and Strategic Initiatives Drive Buy Rating
- GXO Logistics: Strong Performance, Strategic Positioning, and Promising Growth Outlook
- GXO Logistics price target raised to $60 from $56 at Morgan Stanley