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Morgans upgrades Xero Limited (XROLF) to a Buy
Morgans analyst Nick Harris upgraded Xero Limited to a Buy today and set a price target of A$111.00.
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According to TipRanks, Harris is an analyst with an average return of -2.8% and a 42.54% success rate. Harris covers the Technology sector, focusing on stocks such as Megaport, Nextdc Limited, and Data#3 Limited..
In addition to Morgans, Xero Limited also received a Buy from UBS’s Lucy Huang in a report issued on April 16. However, yesterday, Jefferies maintained a Hold rating on Xero Limited (Other OTC: XROLF).
XROLF market cap is currently A$14.15B and has a P/E ratio of 51.29.
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