From Yahoo Finance: 2025-06-12 13:04:00

Investment firms Baird, Oppenheimer, and Wolfe Research have recently initiated coverage of QXO, a roofing, waterproofing, and building products distributor. Baird gave an “Outperform” rating and a $32 price target, citing CEO Brad Jacobs’ successful track record. Wolfe Research also rated QXO “Outperform” with a $44 price target. Oppenheimer issued an “Outperform” rating and $27 price target. QXO shares have risen 55% since its acquisition of Beacon Roofing Supply in March.

Read more: QXO Stock Rises as Baird Latest to Initiate Coverage With Bullish Price Target