Morgan Stanley Maintains Underweight on Xerox Holdings, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring maintains an Underweight rating on Xerox Holdings (NASDAQ:XRX) and has lowered the price target from $13 to $12.
October 25, 2023 | 1:08 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Xerox Holdings and lowered the price target from $13 to $12.
The lowered price target by Morgan Stanley indicates a bearish outlook for Xerox Holdings. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100