RXO, Inc. ( (RXO) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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RXO, Inc.’s stock price movement is driven by updated logistics estimates leading JPMorgan to raise its price target, despite ongoing trade policy uncertainties affecting rates. UBS and TD Cowen also increased their targets, indicating a positive outlook amid market challenges. Conversely, Barclays lowered its target, and Bank of America maintained a hold rating, reflecting a cautious approach.
More about RXO, Inc.
YTD Price Performance: -28.69%
Average Trading Volume: 1,914,776
Technical Sentiment Signal: Hold
Current Market Cap: $2.87B
For further insights into RXO stock on TipRanks’ Stock Analysis page.
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