Analysts lower Xero price targets in wake of operating update — one to $15.22
Chris Keall Fri, 10 Oct 2014
Craigs Investment Partners and Forsyth Barr downgraded their price targets for Xero following the company's operational update yesterday.
Craigs lowered its 12-month price target from $18.90 to $18.50; ForBarr from $21.75 to $20.50; and Woodward Partners Securities from $20.00 to $15.22 — 28% below