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What are MM’s current thoughts on XRO?

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Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked 22/09/2023

What are MM’s current thoughts on XRO?

Hi James and Team Current view on XRO - Last view was a possible sell/lighten around $130 / $140. Is this still your view since it has come off with the rest of the market? regards Deb

Answer

Hi There,

We discussed XRO in Fridays Morning Report with an updated but very similar view:

We believe XRO offers great short term risk/reward around $110 while would still be looking to take all/part profit in the $130-140 region.

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Xero Ltd (XRO)

LAST UPDATED 22/09/2023 15:15

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