Wolfe Research Initiates Coverage on QXO with "Outperform" Rating | QXO Stock News

Jun 06, 2025

On June 6, 2025, Wolfe Research, a reputed financial services firm, announced the initiation of coverage on the stock QXO. The firm has assigned an "Outperform" rating to QXO, reflecting a positive outlook for the company's performance in the market.

The analyst behind this rating, Trevor Allinson, has set a price target of $44.00 USD for QXO. This price target represents Wolfe Research's evaluation of the stock's potential market value, given the company's current operations and market conditions.

It is important to note that this is a new coverage by Wolfe Research, and there are no previous ratings or price targets for comparison on QXO. The "Outperform" rating suggests that the firm expects QXO to perform better than the broader market and its peers.

Investors and market watchers will be keeping a close eye on QXO following this announcement, as analyst ratings and price targets are often significant indicators of market sentiment.

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