KeyBanc Analyst Jeffrey Hammond Sees High Potential for QXO and Confirms the Price Target of $28

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 on August 14, 2026. Based on the current share price of about $15.03, this forecast implies a potential upside of 86.29% for the stock. Despite a challenging macroeconomic environment and recently declining market valuations, Hammond remains optimistic about the medium-term outlook. According...