Analyst slaps ‘sell’ rating on Xero, but sees two intriguing trends; another sticks with 'buy'

The two major NZ brokerages covering Xero are maintaining their polar opposite ratings following yesterday’s result.

The cloud accounting software company’s half-year net loss widened to $17.1 million, or 14 cents per share, in the six months ended Sept 30, from $7 million, or 7 cents, a year earlier.

 

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