Morgan Stanley Reiterates Underweight on Xerox Holdings, Maintains $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has reiterated an 'Underweight' rating on Xerox Holdings (NASDAQ:XRX) and maintained a price target of $13.
July 26, 2023 | 3:31 pm
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Morgan Stanley has reiterated an 'Underweight' rating on Xerox Holdings, maintaining a price target of $13.
The 'Underweight' rating from Morgan Stanley suggests that they expect Xerox's stock to underperform compared to other stocks. This could potentially lead to a decrease in the stock's price in the short term. The maintained price target of $13 also indicates that the analyst does not foresee significant upside potential in the stock.
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IMPORTANCE 80
RELEVANCE 100