Aug. 18 at 6:16 PM
Noble Capital Markets Research Report: Xerox Holdings Corporation (
$XRX) – Reinvention Creates a Path to Sustainable Earnings Growth
Initiating coverage with an Outperform rating and a
$5 price target. Our constructive view reflects the company’s multiyear transformation through the Lexmark acquisition, expansion of IT Solutions and Digital Services, and continued focus on operating efficiency. We believe these initiatives can moderate revenue declines, improve profitability and cash generation, and ultimately support a multiyear earnings recovery and valuation re-rating.
Read full report here: https://www.channelchek.com/news-channel/xerox-holdings-corporation-xrx-reinvention-creates-a-path-to-sustainable-earnings-growth