RXO, Inc. downgraded by Citigroup with a new price target
$RXO
Transportation Services
Consumer Discretionary
Citigroup downgraded RXO, Inc. from Buy to Neutral and set a new price target of $33.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $29.00 | Neutral | Goldman |
| 11/12/2024 | $33.00 | Buy → Neutral | Citigroup |
| 11/11/2024 | $31.00 | Equal Weight | Wells Fargo |
| 10/9/2024 | $33.00 | Buy | Citigroup |
| 5/15/2024 | Mkt Perform | Raymond James | |
| 5/3/2024 | $19.00 → $20.00 | Hold | TD Cowen |
| 2/9/2024 | $16.50 → $19.50 | Market Perform | TD Cowen |
| 2/8/2024 | Buy → Neutral | BofA Securities |
Coyote acquisition completed September 16; integration well underway and progressing smoothly. Raising annualized cost synergy estimate to at least $40 million. Strengthened balance sheet while financing Coyote acquisition; combined company leverage ratio decreased by more than 40% Companywide gross margin of 17.3%; Brokerage gross margin of 13.7% Managed Transportation was awarded more than $300 million in new freight under management Last Mile stop growth continued to accelerate and grew 11% year-over-year RXO (NYSE:RXO) today announced its financial results for the third quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "In the third quarter, our focu
RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, was named a 2024 Top Company for Women to Work for in Transportation by the Women in Trucking Association. For the second consecutive year, RXO was also named to the "Elite 30" list, which recognizes companies that generated the highest number of industry-wide votes in an online poll. "RXO is proud to be recognized by the Women in Trucking Association," said Heidi Ratti, Chief Human Resources Officer at RXO. "We remain committed to creating an inclusive workplace that empowers all employees and values diverse perspectives. RXO supports female employees and will continue to build and develop programs and benefits to
RXO (NYSE:RXO) today announced that company leaders will participate in the following investor conferences: Event: Scotiabank 24th Annual Transportation & Industrials Conference in Toronto, Ontario Presentation: Thursday, November 14, 10 a.m. EST Speakers: Jared Weisfeld, chief strategy officer Event: Stephens Annual Investment Conference in Nashville, Tennessee Presentation: Tuesday, November 19, 5:00 p.m. EST Speakers: Drew Wilkerson, chief executive officer; Jamie Harris, chief financial officer; Jared Weisfeld Live webcasts and replays of the presentations will be available at http://investors.rxo.com. About RXO RXO (NYSE:RXO) is a leading provider of asset-light transpo
Coyote acquisition completed September 16; integration well underway and progressing smoothly. Raising annualized cost synergy estimate to at least $40 million. Strengthened balance sheet while financing Coyote acquisition; combined company leverage ratio decreased by more than 40% Companywide gross margin of 17.3%; Brokerage gross margin of 13.7% Managed Transportation was awarded more than $300 million in new freight under management Last Mile stop growth continued to accelerate and grew 11% year-over-year RXO (NYSE:RXO) today announced its financial results for the third quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "In the third quarter, our focu
RXO (NYSE:RXO) announced today it has changed the time of its third-quarter earnings and investor conference call, which will be held on Thursday, November 7, 2024. The conference call will now be at 7 a.m. EST. The company's results will be made available on www.rxo.com. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 82059 A replay of the conference call will be available through November 28, 2024, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 82059#. Additionally, the call
RXO (NYSE:RXO) will issue its third-quarter financial results before the opening of the New York Stock Exchange on Thursday, November 7, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 82059 A replay of the conference call will be available through November 28, 2024, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 82059#. Additionally, the call will be a
Goldman resumed coverage of RXO, Inc. with a rating of Neutral and set a new price target of $29.00
Citigroup downgraded RXO, Inc. from Buy to Neutral and set a new price target of $33.00
Wells Fargo resumed coverage of RXO, Inc. with a rating of Equal Weight and set a new price target of $31.00
RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, announced the appointment of Troy Cooper to its Board of Directors. Brad Jacobs, non-executive chairman of RXO said, "Troy's deep understanding of the truck brokerage industry, coupled with his impressive operational and financial expertise, will be tremendous assets to both the RXO board and the company." Cooper is a transportation industry veteran with more than 11 years of experience in supply chain operations, including brokerage. He joined XPO in September 2011 as the senior vice president of operations and launched the company's Charlotte, N.C., truck brokerage hub (now part of RXO) in 2012. Later, Cooper
Barclays analyst Brandon Oglenski maintains RXO (NYSE:RXO) with a Overweight and raises the price target from $24 to $30.
JP Morgan analyst Brian Ossenbeck maintains RXO (NYSE:RXO) with a Underweight and raises the price target from $16 to $25.
10-Q - RXO, Inc. (0001929561) (Filer)
8-K - RXO, Inc. (0001929561) (Filer)
DEF 14A - RXO, Inc. (0001929561) (Filer)
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4 - RXO, Inc. (0001929561) (Issuer)
4 - RXO, Inc. (0001929561) (Issuer)
4 - RXO, Inc. (0001929561) (Issuer)
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SC 13G/A - RXO, Inc. (0001929561) (Subject)
SC 13G/A - RXO, Inc. (0001929561) (Subject)
SC 13G/A - RXO, Inc. (0001929561) (Subject)