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Forbarr analyst warms to Xero's prospects

Previously sceptical analysts are starting to warm to Xero's prospects and Blair Galpin from Forsyth Barr is the latest.

Jenny Ruth
Fri, 30 Oct 2015

Another analyst who was previously sceptical is warming to accounting software firm Xero’s [NZX: XRO] prospects.

Blair Galpin has upgraded his view on Xero from “underperform” to “neutral” and says he’s encouraged by developments in its core Australasian business, particularly by price increases

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Jenny Ruth
Fri, 30 Oct 2015
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Forbarr analyst warms to Xero's prospects
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