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Morgan Stanley Reaffirms Their Buy Rating on Xero Limited (XROLF)
In a report released today, Andrew McLeod from Morgan Stanley maintained a Buy rating on Xero Limited, with a price target of A$130.00.
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McLeod covers the Communication Services sector, focusing on stocks such as CAR Group, REA Group Ltd, and Seek Limited. According to TipRanks, McLeod has an average return of -1.6% and a 44.66% success rate on recommended stocks.
In addition to Morgan Stanley, Xero Limited also received a Buy from TipRanks – OpenAI’s OpenAI Software – Application in a report issued on March 31. However, on April 1, TipRanks – xAI reiterated a Hold rating on Xero Limited (Other OTC: XROLF).
XROLF market cap is currently A$12.85B and has a P/E ratio of 51.29.
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