TheStreet cut shares of Xerox (NYSE:XRX – Get Rating) from a c- rating to a d+ rating in a research note released on Thursday morning, TheStreetRatingsTable reports.
A number of other equities research analysts also recently issued reports on the stock. Citigroup lowered their target price on shares of Xerox from $17.00 to $15.00 and set a sell rating for the company in a report on Friday, April 22nd. StockNews.com began coverage on shares of Xerox in a research report on Thursday, March 31st. They set a hold rating on the stock. Finally, Morgan Stanley reduced their price target on shares of Xerox from $15.00 to $13.00 and set an underweight rating on the stock in a research report on Friday, April 22nd.