Business

Market Movers

Health law will boost Xerox, Citi says

Xerox says it provides services to every large US health system.

Jessica Rinaldi/Reuters/File 2009

Xerox says it provides services to every large US health system.

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Xerox rose 3.4 percent. The pioneering maker of printers and copiers was raised to “buy” from “neutral” at Citigroup on expectations that the company’s healthcare-related businesses will benefit in 2014 from the Affordable Care Act — often known as Obamacare — Bloomberg News reported. Xerox, for instance, owns a cloud-based service that helps health care providers move to electronic medical records.

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