Workflow
Raymond James Initiates QXO, Inc. (QXO) With a Buy

QXO, Inc. (NYSE:QXO) is one of the Best Stocks to Buy for the Next 3 Months According to Hedge Funds. On September 5, Sam Darkatsh from Raymond James initiated coverage of QXO, Inc. (NYSE:QXO) with a Buy rating and a 28pricetarget.TheanalystseesQXOasagoodinvestmentopportunityanddescribesthesetupforthecompanyasasymmetricallyfavorable.HealsohighlightedthecompanysacquisitionofBeaconRoofingSupplyforaround28 price target. The analyst sees QXO as a good investment opportunity and describes the setup for the company as asymmetrically favorable. He also highlighted the company’s acquisition of Beacon Roofing Supply for around 11 billion to be a major milestone. Darkatsh believes that this acqui ...