Stephens lowered the firm’s price target on QXO (QXO) to $26 from $29 and keeps an Overweight rating on the shares. Q1 results were largely in-line and QXO’s margin uplift initiatives should begin to flow through more noticeably moving forward, the analyst tells investors in a post-earnings note.
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Read More on QXO:
- QXO price target lowered to $30 from $35 at Baird
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