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Goldman Sachs Upgrades GXO Logistics To Buy, Raises Target To $68
Financial Modeling Prep· 2025-09-24 19:15
Group 1 - Goldman Sachs upgraded GXO Logistics Inc. from Neutral to Buy and raised its price target to $68 from $52, indicating improving growth prospects after years of underperformance relative to company targets [1] - GXO's organic revenue growth between 2023 and 2025 is expected to average about 4% annually, which is below the guidance range of 8%–12% [2] - The outlook for GXO is improving due to recent contract wins, revenue synergies from the Wincanton acquisition, and advancements in warehouse automation and robotics, which are expected to accelerate outsourcing [2]
一场不容错过的全球供应链狂欢,2025年澳大利亚物流展 CEMAT
Sou Hu Cai Jing· 2025-05-29 04:49
Group 1 - The 2025 CeMAT Australia International Logistics Exhibition will take place from July 22 to 24, 2025, at the Sydney Olympic Park Exhibition Centre, featuring over 100 exhibitors from 12 different countries, with 90% of exhibitors considering returning for future events [1][2] - The exhibition attracted over 5,000 visitors from 21 different countries in 2024, with a 30% increase in exhibition area compared to the previous year [1][2] - Australia has a well-developed logistics industry that began in the 1950s, evolving from simple product distribution to advanced logistics services supported by government initiatives [2] Group 2 - The logistics outsourcing phenomenon is prevalent among Australian manufacturing companies, which focus on core production while outsourcing packaging, distribution, and logistics to third-party providers [2] - The exhibition serves as a significant trade platform for companies in the logistics sector to showcase their products and technologies, seeking collaboration opportunities in the Oceania region [2][3] - The range of exhibits includes mechanical handling and lifting equipment, warehousing and loading systems, sorting and packaging technologies, logistics management services, and logistics IT solutions [4]