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Xero Ltd (XRO) $113.68

XRO

XRO rallied +2.7% on Thursday, enjoying a solid lead from the US. Following its -14.5% correction, we believe the accountancy software business has found, or is very close to, a pivotal swing low on its advance towards fresh 2023 highs – MM owns XRO in our Flagship Growth Portfolio.

  • We can see XRO making fresh 2023 highs into Christmas, or +15% higher.
XRO
MM remains long and bullish toward XRO
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Xero Ltd (XRO)
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