Susquehanna Maintains Negative on RXO, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Negative rating on RXO (NYSE:RXO) but raises the price target from $14 to $20.
August 15, 2024 | 1:33 pm
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Susquehanna analyst Bascome Majors maintains a Negative rating on RXO but raises the price target from $14 to $20.
The raised price target from $14 to $20 suggests some positive outlook, but the maintained Negative rating indicates ongoing concerns. This mixed signal is likely to result in a neutral short-term impact on RXO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100