GXO Logistics price target raised to $64 from $58 at Susquehanna

Susquehanna raised the firm’s price target on GXO Logistics (GXO) to $64 from $58 and keeps a Positive rating on the shares. The fim said they like GXO’s setup into 2026, with CEO Patrick Kelleher focused on accelerating organic growth in under- penetrated N.A., customer consolidations increasingly behind, and synergies from prior year M&A all facing off versus consensus expectations that should be “prudent” exiting 3Q.