Macquarie 'reluctantly' downgrades Xero
PLUS: A significant shift in Xero's US strategy; Drury responds.
Hot Topic
Infrastructure
Macquarie has downgraded Xero from neutral to underperform but increased its 12-month target price from $19.00 to $20.25.
Shares [NZX:XRO], which shook off a long slump in the mid-teens after the company's $147 million capital raise in February, were down 1.66 % to $23.70 in early afternoon
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Macquarie 'reluctantly' downgrades Xero
46550