Goldman Sachs Trims Price Target On Xerox (XRX)
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Price: $2.91 +2.46%
Rating Summary:
6 Buy, 7 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
6 Buy, 7 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs lowered its price target on Neutral-rated Xerox (NYSE: XRX) from $12 to $11 following Q2 results which beat but were slightly tempered by cash flow guidance.
Goldman raised 2011 EPS estimate to $1.08 from $1.04, and modestly increased 2012 and 2013 estimates due to better than expected margins and cost management.
For more ratings news on Xerox click here and for the rating history of Xerox click here.
Shares of Xerox closed at $10.08 yesterday.
Goldman raised 2011 EPS estimate to $1.08 from $1.04, and modestly increased 2012 and 2013 estimates due to better than expected margins and cost management.
For more ratings news on Xerox click here and for the rating history of Xerox click here.
Shares of Xerox closed at $10.08 yesterday.
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