Margin PressuresRXO looks to be moving past its earnings trough, yet there are margin headwinds in the near-term.
Muted DemandMuted truck brokerage volumes were led by efforts to optimize price, volume, and service, as well as softness in auto markets.
Price Objective DecreaseThe price objective was lowered to $16 as margin headwinds are seen, despite moving past its earnings trough.