GXO and Action Expand Partnership in France

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Go back to GXO and Action Expand Partnership in France

Goldman explains why investors should own this logistics stock

October 16, 2026 9:00 PM EDT

Goldman Sachs upgraded a contract logistics providers stock to Buy in a new note to clients, stating that it offers an attractive risk/reward as it works through a turnaround.

Analyst Patrick Creuset noted that GXO Logistics (NYSE: GXO) is the second-largest player in the fragmented and growing contract logistics market, which gives it room to scale up and improve margins.

He... More