You may not be able to tell by the charts, but the GXO Logistics (NYSE: GXO) spin-off was the right move at the right time. The hiccups in supply chain productivity caused by the pandemic highlighted the benefits of this logistics specialist and are driving sustained growth for the company . The Q4 results and guidance for 2023 left a little for the market to desire, and it caused a minor correction in the share prices but this is an opportunity for growth investors. While the guidance was a little light in respect to expectations, it calls for growth, and the earnings outlook is also favorable. The analysts are taking note of these results and have issued at least 2 new reports since the Q4 report was released. These come from Oppenheimer and Barclays, which upped their price target to an average of $57.50. This is below the Marketbeat.com consensus target but has the consensus moving higher. Oppenheimer and Barclays have the stock pegged at a Buy/Strong Buy compared to the broader consensus of Moderate Buy. GXO Falls On Strong Results And Guidance GXO Logistics had a strong quarter and issued guidance ahead of the consensus estimate but marred […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
