UPDATE: BMO Capital Markets Reiterates on Xerox Following Annual Analyst Meeting

In a report published Wednesday, BMO Capital Markets analyst Keith Bachman reiterated an Outperform rating on Xerox Corporation (NYSE: XRX ), and raised the price target from $10.50 to $11.50. In the report, BMO Capital Markets noted, “We come away from XRX annual analyst meeting a bit more encouraged. We