Barclays Downgrades Xerox (XRX) to Equalweight, Cites Margins, Cash Flow Issues
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Price: $3.10 -1.27%
Rating Summary:
5 Buy, 7 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 7 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays downgraded Xerox (NYSE: XRX) to Equalweight.
The firm said, "cash flow may be disappointing and margins will be hit by currency (weak Euro, strong yen) and pension all year."
For an analyst ratings summary and ratings history on Xerox click here. For more ratings news on Xerox click here.
Shares of Xerox closed at $8.09 yesterday.
The firm said, "cash flow may be disappointing and margins will be hit by currency (weak Euro, strong yen) and pension all year."
For an analyst ratings summary and ratings history on Xerox click here. For more ratings news on Xerox click here.
Shares of Xerox closed at $8.09 yesterday.
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