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RXO shares jump on UPS Coyote acquisition. Analysts boost price targets, but concerns linger over leverage and integration challenges.
The market has spoken – and it likes what it sees in RXO's big Coyote Logistics grab. Let's break down the Wall Street reaction and what it means for the freight industry.
"The acquisition will significantly enhance RXO's scale within the logistics industry." - Stifel analysts
But some analysts are waving caution flags.
"The risk/reward balance still warrants a Hold rating on the stock." - Stifel
Sources: Investing.com | Investopedia
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