Oppenheimer Reiterates Outperform on RXO, Maintains $24 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Scott Schneeberger has reiterated an Outperform rating on RXO (NYSE:RXO) and maintained a $24 price target.
August 07, 2023 | 2:05 pm
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Oppenheimer analyst has reiterated an Outperform rating on RXO and maintained a $24 price target.
The reiteration of an Outperform rating by a reputable analyst like Scott Schneeberger from Oppenheimer is a positive signal for RXO. The maintained price target of $24 also indicates confidence in the stock's potential, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100