Wells Fargo initiated coverage on GXO Logistics with a new price target
$GXO
Transportation Services
Consumer Discretionary
Wells Fargo initiated coverage of GXO Logistics with a rating of Overweight and set a new price target of $58.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/9/2024 | $60.00 | Buy | Citigroup |
| 6/7/2024 | $58.00 | Overweight | Wells Fargo |
| 4/25/2024 | $78.00 → $80.00 | Buy | TD Cowen |
| 3/27/2024 | $50.00 | Underperform → Neutral | Exane BNP Paribas |
| 2/15/2024 | $70.00 → $78.00 | Outperform | TD Cowen |
| 1/12/2024 | $72.00 → $70.00 | Outperform | TD Cowen |
| 8/22/2023 | $74.00 | Buy | UBS |
| 2/2/2023 | $40.00 | Neutral → Underperform | Exane BNP Paribas |
Patrick Merrin named Chief Operations Officer and Peter Fjellman named Chief Financial Officer Compass Minerals (NYSE:CMP), a leading global provider of essential minerals, today announced the appointment of Patrick Merrin, a seasoned operating executive in the mining industry, as the company's new chief operations officer (COO) and Peter Fjellman, who has decades of experience in senior finance roles, as its new chief financial officer (CFO). Merrin's appointment is effective March 3 and fills the COO position which has been open since June 2024. Fjellman, whose appointment is effective immediately, succeeds Jeff Cathey who has decided to depart Compass Minerals due to personal reasons.
GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) will hold its fourth quarter and full-year 2024 earnings conference call and webcast on Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Wednesday, February 12, 2025, and made available at that time on investors.gxo.com. Access information: Call toll-free from U.S./Canada: 877-407-8029 International callers: +1 201-689-8029 Conference ID: 13751179 Live webcast: investors.gxo.com A replay of the conference call will be available for approximately two weeks, until February 25, 2025, by calling toll-free (from U.S./Canada) 877-660-6853; inte
GREENWICH, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (NASDAQ:BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash. The proposal implies a total transaction value of approximately $11 billion and a 37% premium above Beacon's 90-day unaffected volume-weighted average price of $91.02. "Our all-cash offer provides compelling value. We believe Beacon shareholders have a right to evaluate our proposal, despite the attempt by Beacon's Board of Directors to withhold it from them," said Brad Jacobs, chairman and chief executive officer of QXO.
8-K - GXO Logistics, Inc. (0001852244) (Filer)
10-Q - GXO Logistics, Inc. (0001852244) (Filer)
8-K - GXO Logistics, Inc. (0001852244) (Filer)
SC 13G/A - GXO Logistics, Inc. (0001852244) (Subject)
SC 13G/A - GXO Logistics, Inc. (0001852244) (Subject)
SC 13G/A - GXO Logistics, Inc. (0001852244) (Subject)
GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) will hold its fourth quarter and full-year 2024 earnings conference call and webcast on Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Wednesday, February 12, 2025, and made available at that time on investors.gxo.com. Access information: Call toll-free from U.S./Canada: 877-407-8029 International callers: +1 201-689-8029 Conference ID: 13751179 Live webcast: investors.gxo.com A replay of the conference call will be available for approximately two weeks, until February 25, 2025, by calling toll-free (from U.S./Canada) 877-660-6853; inte
Third quarter revenue increased 28% year over year to a record $3.2 billion, with organic revenue growth of 3%Signed approximately $750 million in annualized revenue year to date; on track to win a record level of new business in 2024Sales pipeline increased 30% year over year to $2.4 billion and stands at a two-year highReaffirmed full-year 2024 guidance GREENWICH, Conn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) today announced results for the third quarter 2024. Malcolm Wilson, chief executive officer of GXO, said, "We have increasing momentum in our business. In the third quarter, we delivered our highest-ever quarterly revenue of $3.2 billion, reflecting growt
GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) will hold its third quarter 2024 earnings conference call and webcast on Tuesday, November 5, 2024, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Monday, November 4, 2024, and made available at that time on www.investors.gxo.com. Access information: Call toll-free from U.S./Canada: 877-407-8029 International callers: +1 201-689-8029Conference ID: 13749227Live webcast: investors.gxo.com A replay of the conference call will be available for approximately two weeks, until November 19, 2024, by calling toll-free (from U.S./Canada) 877-660-6853; internation
Patrick Merrin named Chief Operations Officer and Peter Fjellman named Chief Financial Officer Compass Minerals (NYSE:CMP), a leading global provider of essential minerals, today announced the appointment of Patrick Merrin, a seasoned operating executive in the mining industry, as the company's new chief operations officer (COO) and Peter Fjellman, who has decades of experience in senior finance roles, as its new chief financial officer (CFO). Merrin's appointment is effective March 3 and fills the COO position which has been open since June 2024. Fjellman, whose appointment is effective immediately, succeeds Jeff Cathey who has decided to depart Compass Minerals due to personal reasons.
GREENWICH, Conn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) today announced that Malcolm Wilson, chief executive officer, has informed the board of directors that he plans to retire in 2025. He will continue to lead the company during the executive search process for his successor. Brad Jacobs, chairman of the GXO Board of Directors, said, "Malcolm's countless contributions to GXO and its legacy parent XPO span nearly a decade. Under his leadership, GXO has added more than $3 billion of revenue and received global recognitions each year for innovation and workplace culture. Our incoming CEO will inherit a best-in-class management team and strong industry positioning
PARIS, France, Sept. 10, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, today announced Emmanuel Bonnet as the company's new Vice President of Business Development in France. "We are delighted to welcome Emmanuel Bonnet to the team in France," said Vincent Ricci, Managing Director, GXO, France. "His commercial expertise will be instrumental in furthering our growth ambitions in France by winning partnerships with new and existing customers." In his role, Bonnet will lead the sales strategy in France. He will be responsible for defining and leading business development and key account management strategies in coordinati
4 - GXO Logistics, Inc. (0001852244) (Issuer)
Citigroup initiated coverage of GXO Logistics with a rating of Buy and set a new price target of $60.00
Wells Fargo initiated coverage of GXO Logistics with a rating of Overweight and set a new price target of $58.00
TD Cowen reiterated coverage of GXO Logistics with a rating of Buy and set a new price target of $80.00 from $78.00 previously
4 - GXO Logistics, Inc. (0001852244) (Issuer)
4 - GXO Logistics, Inc. (0001852244) (Issuer)
4 - GXO Logistics, Inc. (0001852244) (Issuer)