USSTOCK.TODAY
Market Closed
Log in Sign up

QXO falls 6.65% following RBC price target cut

Nasdaq +1 ·

QXO
QXO QXO Inc
$11.31 -6.61%
View chart & analysis →
OC OC -4.26%BLDR BLDR -4.75%
  1. 1QXO closed down 6.65% at $11.30.
  2. 2RBC analysts lowered the price target range for QXO from $27 to $18.
  3. 3Q3 QXO revenue is projected to decrease by a high single-digit percentage year-over-year.

So what's the key point?

RBC lowered the price they expected QXO's stock to reach in the future. Experts also expect this quarter's revenue to be lower than last year.

Source Nasdaq +1 · View original ↗

Related 3-line summaries

QXO shares fall as RBC Capital lowers price target The Motley Fool +1 · 1h agoNike Downgraded; Home Depot Coverage Initiated The Fly · yesterdayOwens Corning Q2 adjusted EPS $3.93 beats expectations Associated Press +2 · Aug 5
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news