Wall Street Zen has downgraded XPLR Infrastructure (NYSE:XIFR) from a “hold” to a “sell” rating, contributing to a consensus “Reduce” rating with an average price target of $12.58. This downgrade follows XPLR’s recent earnings report where EPS of $0.30 beat estimates, but revenue saw a 15.3% year-over-year decline and the company posted a negative net margin. Institutional investors hold a significant portion of shares, with several firms increasing their stakes recently despite the downgrade.
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XPLR Infrastructure (NYSE:XIFR) Downgraded to Sell Rating by Wall Street Zen
Wall Street Zen has downgraded XPLR Infrastructure (NYSE:XIFR) from a “hold” to a “sell” rating, contributing to a consensus “Reduce” rating with an average price target of $12.58. This downgrade follows XPLR’s recent earnings report where EPS of $0.30 beat estimates, but revenue saw a 15.3% year-over-year decline and the company posted a negative net margin. Institutional investors hold a significant portion of shares, with several firms increasing their stakes recently despite the downgrade.