Stock Track | QXO Inc Plummets 5.02% Intraday After Citi Lowers Price Target

Stock Track

05/16

QXO Inc's stock plummeted 5.02% during intraday trading on Friday, following a price target reduction from a major financial institution.

Citi lowered its price target on QXO to $28 from $30, though the firm maintained its Buy rating on the shares. The reduction in the price target likely contributed to negative investor sentiment and selling pressure on the stock.

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