In a report released today, Allison Poliniak from Wells Fargo maintained a Hold rating on RXO, Inc. (RXO – Research Report), with a price target of $20.00. The company’s shares closed yesterday at $22.62.
Poliniak covers the Industrials sector, focusing on stocks such as Greenbrier, Ryder System, and RXO, Inc.. According to TipRanks, Poliniak has an average return of 10.9% and a 62.86% success rate on recommended stocks.
In addition to Wells Fargo, RXO, Inc. also received a Hold from Vertical Research’s Jeff Kauffman in a report issued on January 10. However, on the same day, Susquehanna maintained a Sell rating on RXO, Inc. (NYSE: RXO).
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The company has a one-year high of $24.33 and a one-year low of $16.50. Currently, RXO, Inc. has an average volume of 651.2K.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RXO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
RXO, Inc. (RXO) Company Description:
RXO Inc is a leading provider of asset-light transportation in North America.
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