Citi downgrades Xerox to sell
Citi cut Xerox to sell, saying the company faces a difficult print-market backdrop and that Lexmark integration may not be enough to offset pressure in core cash generation.
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Citi downgrades Xerox to sell
Citi analysts downgraded Xerox to sell, saying the company faces a challenging print-market backdrop to achieve sustainable revenue growth and stronger core free cash flow.
Citi downgrades Xerox to Sell, cuts price target
Citi downgraded Xerox to Sell from Neutral and cut its price target to $2.50 from $3.45, as XRX shares fell 3.8% in the morning session.