Oppenheimer Bets on QXO, Inc. (QXO)’s M&A Pipeline, Lifts Target
QXO, Inc. (NYSE:QXO) is among the stocks under 30 from $27 and maintained an Outperform rating. According to TheFly, the firm believes the company is likely to report “sizable, incremental M&A,” which it believes will be a growth driver. In the initial two weeks of 2026, the company issued equity for the third time, with the first two equity raises tied to the condition that QXO will announce meaningful M&A activ ...