- This topic has 0 replies, 1 voice, and was last updated 9 years, 9 months ago by
.
-
Posts
-
Xerox Stocks Downgraded by Barclays Capital to “Equal Weight”
Xerox was downgraded by equities research analysts at Barclays Capital from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Tuesday.
Separately, analysts at Brean Murray reiterated a “buy” rating on shares of Xerox in a research note to investors on Wednesday, December 14th. They now have a $10.00 price target on the stock. Also, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Xerox in a research note to investors on Wednesday, October 26th. They now have a $8.50 price target on the stock.
Xerox Corporation (Xerox) provides a portfolio of document systems and services for businesses of any size. This includes printers, multifunction devices, production publishing systems, managed print services (MPS) and related software. The Company also offers support and supplies, such as toner, paper and ink as part of its document technology offerings. It operates in three segments: Production, Office and Other. During the year ended December 2009, Global Imaging Systems, Inc. (GIS) acquired ComDoc, Inc. In February 2010, it acquired Affiliated Computer Services, Inc. (ACS). ACS is a provider of business process outsourcing, and information technology services and solutions to commercial and government clients worldwide in areas that include finance and accounting services, communications, transportation, human resources, healthcare, transaction processing, and customer care.
- You must be logged in to reply to this topic.