Morgan Stanley Reiterates Equal-Weight on RXO, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reiterated an Equal-Weight rating on RXO (NYSE:RXO) and maintained a $20 price target.

July 06, 2023 | 2:06 pm
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Morgan Stanley has reiterated an Equal-Weight rating on RXO and maintained a $20 price target.
The news is directly about RXO and is from a reputable source, Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, indicating a neutral short-term impact. The maintained price target also suggests no significant changes in the company's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100