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Barclays Maintains Buy Rating on RXO, Cites Strong Q2 Performance, AI-Driven Productivity Gains
RXORXO(US:RXO) Yahoo Finance·2025-09-12 02:15

RXO Inc. (NYSE:RXO) is one of the best IPO stocks to buy and hold for 3 years. On September 10, Barclays analyst Brandon Oglenski maintained a Buy rating on RXO Inc. with a price target of 17.Thepreviousmonth,RXOInc.reportedatotalrevenueof17. The previous month, RXO Inc. reported a total revenue of 1.4 billion in Q2 2025, with a gross margin of 17.8%. Despite facing a prolonged soft freight market and challenges in the automotive sector, RXO achieved an adjusted EBITDA of $38 million, reaching the high end of its guidance. This resulted in an adjusted ...