Woodward has reiterated its buy rating and bumped its 12-month target price for Xero to $16 for a market cap of $1.87 billion - or a 14% gain on the the online accounting company's stock today (in late trading, Xero [NZX:XRO] was flat at $14.00; The broader NZX50 was down 1.12%).
The boutique
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