XRX - Xerox Holdings: Reiterate Sell Rating As Business Is Still Fundamentally Challenged
2024-02-01 04:16:22 ET
Summary
- Xerox Holdings continues to face revenue headwinds with no signs of improvement.
- The company's reinvention program aims for margin growth, but the burden of proof is high.
- The capital return policy prioritizes dividends and debt repayment over share buybacks, making the equity story less attractive.