KeyBanc Maintains Overweight Rating on QXO Despite Lower Price Target
On July 1, KeyBanc lowered its price target for QXO (NYSE:QXO) to $28 from $32 but maintained an overweight rating. The adjustment reflects reduced market multiples after the TopBuild acquisition was approved by shareholders.
Tickers: $QXO
Topics: M&A Stock Rating Synergy Projections