Broker calls Xero 'inspirational', but busts it to sell
Chris Keall Fri, 02 Aug 2013
Forsyth Barr, the only major brokerage covering Xero, has downgraded the online accounting company from hold to reduce.
At the same time, it's 12 month target on the online accounting company's fast-rising shares has been upped from $6.32 to $14.60, Forsyth Barr head of private wealth
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