In recent trading, RXO Inc (Symbol: RXO) shares surpassed the average analyst 12-month target price of $20.07, currently priced at $20.12. This shift prompts analysts to either downgrade their valuations or adjust their target prices upward, depending on the company’s fundamental performance. There are currently 14 analyst targets for RXO, with estimates ranging from a low of $15.00 to a high of $25.00, and a standard deviation of $3.024.
Analysis indicates that RXO holds four strong buy ratings, eight hold ratings, and three strong sell ratings, with an average rating of 2.87 on a scale where 1 is strong buy and 5 is strong sell. Investors are advised to assess whether the stock’s recent rise suggests further growth or if it’s time to consider profit-taking.
