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Citi Sticks to Their Buy Rating for Xero Limited (XROLF)

Tipranks - Tipranks - Mon Feb 9, 4:50PM CST

Citi analyst Siraj Ahmed maintained a Buy rating on Xero Limited today and set a price target of A$144.80.

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Ahmed covers the Technology sector, focusing on stocks such as Xero Limited, Life360 Shs Chess Depository Interests Repr 3 Sh, and Netwealth Group Ltd.. According to TipRanks, Ahmed has an average return of 1.7% and a 42.12% success rate on recommended stocks.

In addition to Citi, Xero Limited also received a Buy from TipRanks – OpenAI’s OpenAI Software – Application in a report issued on February 5. However, on February 6, TipRanks – xAI reiterated a Hold rating on Xero Limited (Other OTC: XROLF).

See the top stocks recommended by analysts >>

XROLF market cap is currently A$13.89B and has a P/E ratio of 52.42.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of XROLF in relation to earlier this year.

Read More on XROLF:

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