Lexmark (LXK) Sees Move Higher On Upgrade
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Shares of Lexmark International Inc. (NYSE: LXK) are seeing upside action today on an upgrade at Barclays. The firm raised its rating on the printer maker from Underweight to Equal Weith, enough to boosts the stock 8%.
While the upgrade was not an outright table-pounding Buy, investors are finding solace in any good news about the stock. But upside in the name may be limited, as it has already passed the firm's price target of $16.
While the upgrade was not an outright table-pounding Buy, investors are finding solace in any good news about the stock. But upside in the name may be limited, as it has already passed the firm's price target of $16.
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