KeyBanc Analyst Jeffrey Hammond Sees High Potential for QXO and Confirms Price Target of 28 US Dollars
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The US construction materials distributor QXO Inc. is in the spotlight of investors after the US investment bank KeyBanc reaffirmed its buy recommendation for the stock. Industry analyst Jeffrey Hammond confirmed his rating of "Buy" with a price target of 28 USD on August 14, 2026. Based on the current stock price of about 15.03 USD, this forecast implies a potential upside of 86.29 percent for the stock. Despite a challenging macroeconomic environment and recently declining market valuations, Hammond remains optimistic about the medium-term...
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