GXO Logistics price target raised to $55 from $52 at Goldman Sachs

Goldman Sachs analyst Patrick Creuset raised the firm’s price target on GXO Logistics to $55 from $52 and keeps a Neutral rating on the shares after its Q4 earnings beat. The analyst sees a slightly higher organic revenue growth and more favorable currency conditions for the company but also notes that the stock already trades at a "relatively full valuation".