Xerox (XRX) PT Lowered to $22 at Morgan Stanley

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Go back to Xerox (XRX) PT Lowered to $22 at Morgan Stanley

Credit Suisse Downgrades Xerox (XRX) to Neutral

January 26, 2021 4:35 PM EST

Credit Suisse analyst Matt Cabral downgraded Xerox (NYSE: XRX) from Outperform to Neutral with a price target of $20.00 (from $23.00).

The analyst comments "4Q results and CY21 guidance highlight a gradual recovery in Xeroxs revenue trajectory, largely tied to the pace of workers returning back to the office around the world. We continue to believe the worst is behind us, and... More