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Technology Stocks : Xerox (XRX)
XRX 3.220-3.0%Nov 3 4:00 PM EST

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From: hdl12/22/2004 2:07:28 PM
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RESEARCH ALERT-Smith Barney starts Xerox with "hold"

BANGALORE, Dec 22 (Reuters) - Smith Barney on Wednesday started coverage of office equipment makers Xerox Corp. and Electronics For Imaging Inc. with "hold" ratings.

The brokerage firm also set a target price of $18 for Xerox and $17 for Electronics For Imaging.

Xerox shares rose 2.7 percent to $16.78 on the New York Stock Exchange, while EFII rose 3 cents to $16.62 in morning trade on the Nasdaq.

12/22/04 12:44 ET
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