Xerox Holdings Reaches Analyst Target Price
June 08, 2020 at 09:02 AM EDT
In recent trading, shares of Xerox Holdings Corp (XRX) have crossed above the average analyst 12-month target price of $18.25, changing hands for $18.46/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
