Truist Securities Initiates Coverage on QXO with a "Buy" Rating | QXO Stock News

6 days ago

On July 1, 2025, Truist Securities announced their initiation of coverage on QXO, assigning the stock a "Buy" rating. This marks a significant development for QXO as it attracts attention from financial analysts.

Keith Hughes, a noted analyst at Truist Securities, set a price target of $30.00 USD for QXO. This target does not reflect any prior adjustments, as this is the initial coverage provided by Truist Securities.

This new coverage and "Buy" rating by Truist Securities could influence investor sentiment positively towards QXO. As of now, the exchange listing for QXO is on NYSE.

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