One analyst bullish on Xero, another wary
Different perspectives on the key US market as half-year result looms.
First NZ Capital’s Tristan Joll remains bullish on Xero’s prospects with a new research note issued today, which reiterates an outperform rating. His 12-month target is $20.90 (a shade down on the previous $21.00; in late afternoon trading, Xero shares were up 2.3% to $17.89).
He says “the market
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