Wells Fargo analyst Allison Poliniak-Cusic initiated coverage of RXO Inc. with an Equal Weight rating and $18 price target. The analyst believes the current freight headwinds facing the industry entering 2023 are likely to pressure earnings growth, limiting upside in near-term earnings and shares, despite the flexibility of the platform.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RXO: