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Fly News Breaks for August 2, 2017
XRX
Aug 2, 2017 | 05:58 EDT
Xerox is a "making a big positive turn" as it remains on track for its cost saving and operating margin improvements while its new leadership team is "starting to regain investor credibility," Citi analyst Jim Suva tells investors in a research note. The analyst expects revenue declines to moderate in the second half of 2017 with new products launching mid-year. He views the valuation as attractive and upped his price target for the shares to $39 from $36. Suva reiterates a Buy rating on Xerox.
News For XRX 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.