On June 11, 2025, Oppenheimer announced the initiation of coverage on QXO, establishing a positive outlook for the stock. Scott Schneeberger, a noted analyst at Oppenheimer, provided the stock with an "Outperform" rating, underscoring a favorable perspective on its future performance.
The initial price target set by Oppenheimer for QXO is $27.00 USD. This marks the commencement of coverage for QXO by Oppenheimer, with no prior price target or rating assigned to the stock by this investment firm.
Investors and stakeholders may find this initiation noteworthy, as the "Outperform" rating suggests that QXO is expected to perform better than the broader market. As always, market participants are encouraged to conduct their due diligence when considering investments.
