Goldman Sachs Upgrades GXO Logistics to Buy, Maintains Price Target to $61
Goldman Sachs analyst Patrick Creuset upgrades GXO Logistics (NYSE:GXO) from Neutral to Buy and maintains the price target from $61 to $61.
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Goldman Sachs analyst Patrick Creuset upgrades GXO Logistics (NYSE:GXO) from Neutral to Buy and maintains the price target from $61 to $61.
Agility Robotics, maker of the Digit humanoid robot, is going public through a SPAC merger with Churchill Capital Corp XI at a $2.5 billion valuation. While the company has impressive technology and $300 million in orders, it lost $140 million on only $1.8 million in sales last year. The stock is expected to be highly volatile as investors debate whether humanoid robots will mainstream within weeks or take a decade, with most tech IPOs declining in their first months after going public.
Susquehanna analyst Bascome Majors maintains GXO Logistics (NYSE:GXO) with a Positive and lowers the price target from $62 to $60.
GXO Logistics announced global pilots of a new Labor Management System (LMS) across North America, Continental Europe, and the UK & Ireland to enhance workforce planning and operational efficiency. The system provides real-time visibility into labor performance and standardized performance metrics. GXO expects to scale the LMS platform across its global network in 2027 as part of its broader strategy to standardize best practices and strengthen operational excellence.