QXO (QXO): Morgan Stanley Shares Bullish Outlook
Core Viewpoint - QXO, Inc. has received positive analyst ratings, particularly from Morgan Stanley, which maintains a bullish outlook on the stock with a price target of $35, emphasizing the company's strategic focus on improving acquired businesses and a strong M&A pipeline [1][2]. Financial Performance - In Q3 2025, QXO reported earnings per share of $0.14, exceeding estimates by $0.02, with revenues surpassing $2.7 billion, beating expectations by $20 million [2]. Business Operations - QXO, Inc. is involved in the distribution of roofing, waterproofing, and other building products across the United States [2].