Read How Analysts Reacted To Potential GXO - Clipper Logistics Deal
Citi analyst Christian Wetherbee is "constructive" on GXO Logistics Inc's (NYSE:GXO) purchase of Clipper Logistics in a deal valued at $1.3 billion, split between cash and stock. Wetherbee maintained a Buy rating on the shares with a price target of $110. The analyst likes the "high-growth nature" of Clipper's business, saying it is underpinned by…
Benzinga ·
Benzinga
