KeyBanc Lifts QXO Price Target After Announcement to Buy TopBuild
KeyBanc has increased its price objective on QXO Inc (NASDAQ:QXO) to $32 from $30 and retained an Overweight rating following QXO's announcement of its intent to acquire TopBuild for $17 billion. The bank said the transaction advances QXO's aim to build the largest, most comprehensive building products distribution platform while adding a leader in…