Susquehanna Maintains Negative on RXO, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Negative rating on RXO (NYSE:RXO) and raises the price target from $15 to $16.

March 25, 2024 | 12:57 pm
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Susquehanna maintains a Negative rating on RXO but raises the price target from $15 to $16.
The adjustment in price target by Susquehanna indicates a slightly more positive outlook on RXO's valuation, despite maintaining a Negative rating. This could lead to mixed reactions in the short term, as the market digests the implications of a higher price target against the backdrop of a Negative rating. The direct mention and specific action taken by a notable analyst firm increases the relevance and importance of this news for RXO investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100