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Fly News Breaks for May 16, 2018
FUJIY, XRX
May 16, 2018 | 06:30 EDT
Loop Capital analyst Ananda Baruah lowered his price target on Xerox (XRX) to $40, citing the potential operating disruptions from the company's leadership "saga" and the firm position by Fujifilm (FUJIY) not to raise its bid price. The analyst says his new price is based on the stand-alone value of the company with no added potential deal related benefits. Baruah also keeps his Buy rating on Xerox, adding that there is a greater "appreciation" by the recently appointed CEO John Visentin to pass on more cost savings toward profitability.
News For XRX;FUJIY From the Last 2 Days
XRX
Apr 23, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
XRX
Apr 23, 2024 | 11:57 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
XRX
Apr 23, 2024 | 09:04 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
XRX
Apr 23, 2024 | 06:33 EDT
Expects 2024 adjusted operating margin of at least 7.5%. Maintains three-year target of $300M of incremental adjusted operating income above 2023 levels and a return to double-digit adjusted operating income margin by 2026.
