Brean Murray Carret Maintains Buy on Xerox (XRX)


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BMC is out with its report today on Xerox (NYSE: XRX), maintaining Buy and a $14 PT.In its note to clients, BMC writes, "Our core Buy thesis remains unchanged as our L-T earnings power drivers essentially remain intact (listed below), although we were expecting $0.01 - $0.02 more from Xerox in the Dec Q and $0.01 on the Mar Q guide. This does, however, level-set expectations for 1H11 although it cost the stock 8% yesterday and could cap near-term appreciation."Shares of XRX closed yesterday at $10.53, down 7.63% from Tuesday's close.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsBrean Murray CarretInformation TechnologyOffice Electronics