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Why QXO Stock Is Shooting Higher Today


A Wall Street analyst has high hopes for building products distributor QXO (NYSE: QXO), and investors are taking note.

Shares of QXO traded up 12% as of 10:30 a.m. ET after Wolfe Research set a target price for the stock that is more than 150% above where the shares closed Thursday.

Image source: Getty Images.

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Source Fool.com

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