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Xero Ltd (XRO) $118.02

Online accounting business XRO popped +5.8% on Thursday with 4-month highs only a few cents away – November’s disappointing result looks to have been forgotten as confidence returns to the local growth stocks. The ALU euphoria looks capable of taking XRO well into our $130-140 target area.

MM is long and bullish XRO
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Xero Ltd (XRO)
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