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Fly News Breaks for October 15, 2015
XRX
Oct 15, 2015 | 05:38 EDT
Barclays analyst Mark Moskowitz initiated Xerox with an Underweight rating and $10 price target after starting the Data Networking sector with a Positive view and IT Hardware sector with a Negative view. The analyst believes the company's revenue compression "could become chronic" with the cloud becoming a "disruptive force."
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