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Xero: a buying opportunity at $14?

PLUS: Are investors too optimistic about the company's US prospects? Drury squares off against analysts | Intuit results.

Thu, 27 Aug 2015

See also: US pull-out would support Xero at $25 – analyst

Xero [NZX: XRO] shares have fallen to a two-year low this week, dipping below $14. It’s now 44% off its 52-week high.

Does that represent a buying opportunity?

After all, even the company’s critics like Forsyth Barr’s Blair Galpin (who

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Xero: a buying opportunity at $14?
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