DXP Enterprises price target raised to $95 from $75 at Stephens

Stephens raised the firm’s price target on DXP Enterprises (DXPE) to $95 from $75 and keeps an Overweight rating on the shares. The firm updated its model following Q4 results that exceeded Stephens’ estimates on the top and bottom lines. DXP’s acquisition strategy continues fueling growth, with seven acquisitions closed in 2024, another in February, and one to three more planned by mid-2025, the analyst tells investors.