Xerox Releases Second-Quarter Results

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Xerox (XRX) PT Lowered to $10.50 at Citi

July 25, 2024 3:54 PM EDT

Citi analyst Asiya Merchant lowered the price target on Xerox (NASDAQ: XRX) to $10.50 (from $11.00) while maintaining a Sell rating.

The analyst comments "Xerox missed estimates and lowered their FY24E guide as incremental actions related to restructuring negatively impacted performance during... More