Analyst hikes Xero target price
But enthusiasm still a little bridled.
Forsyth Barr’s Blair Galpin has hiked his target price for Xero by $3.45 to $24.75.
The online accounting software company’s shares spiked more than 6% yesterday, closing up 5.3% to $23 after it reported its full year-result.
The stock seems to have finally broken out of the $15-20 trading
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Analyst hikes Xero target price
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