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Analysts Offer Insights on Technology Companies: Xerox (XRX), Upwork (UPWK) and VTEX (VTEX)

Analysts have been eager to weigh in on the Technology sector with new ratings on Xerox (XRXResearch Report), Upwork (UPWKResearch Report) and VTEX (VTEXResearch Report).

Xerox (XRX)

In a report released today, Erik Woodring from Morgan Stanley maintained a Sell rating on Xerox, with a price target of $12.00. The company’s shares closed last Tuesday at $12.56, close to its 52-week low of $11.80.

According to TipRanks.com, Woodring is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.5% and a 48.9% success rate. Woodring covers the Technology sector, focusing on stocks such as International Business Machines, Resideo Technologies, and Dell Technologies.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Xerox with a $13.00 average price target.

See today’s best-performing stocks on TipRanks >>

Upwork (UPWK)

BTIG analyst Marvin Fong assigned a Hold rating to Upwork today. The company’s shares closed last Tuesday at $11.14.

According to TipRanks.com, Fong has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -14.0% and a 30.5% success rate. Fong covers the Technology sector, focusing on stocks such as Digital Media Solutions, Fiverr International, and Mercadolibre.

Upwork has an analyst consensus of Moderate Buy, with a price target consensus of $14.17.

VTEX (VTEX)

Bank of America Securities analyst Fred Mendes reiterated a Buy rating on VTEX today and set a price target of $7.80. The company’s shares closed last Tuesday at $5.38.

Mendes has an average return of 37.3% when recommending VTEX.

According to TipRanks.com, Mendes is ranked #1772 out of 8565 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for VTEX with a $6.56 average price target.

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