From Financial Modeling Prep: 2025-06-18 15:28:00

Truist Securities maintains Buy rating and $18 price target on RXO (NYSE:RXO) due to strong positioning for long-term growth despite current freight market softness. Potential for over 60% upside based on mid-cycle valuation of 10-11x EBITDA. Progress on synergy realization from Coyote acquisition and opportunities for margin expansion and improved free cash flow.

RXO viewed as significantly undervalued opportunity with potential for strong earnings leverage and cash flow growth once freight cycle turns. Building fully integrated logistics platform, gaining momentum in key segments like LTL, Last Mile delivery, and Managed Transportation. Executing well on cost control, operational productivity, and integration targets despite subdued freight volumes.



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