Xerox Corp. (XRX) Reports In-Line Q4 EPS; Top End of FY EPS Guidance Matches Views

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Go back to Xerox Corp. (XRX) Reports In-Line Q4 EPS; Top End of FY EPS Guidance Matches Views

Xerox (XRX) PT Lowered to $7 at Barclays

February 1, 2017 8:20 AM EST

Barclays lowered its price target on Xerox (NYSE: XRX) to $7.00 (from $10.00) while maintaining a Underweight rating following results.

Analyst Mark Moskowit expects shares of Xerox to be under pressure in the near term. "The rate of Y/Y revenue decline accelerated, following three... More