Susquehanna analyst James Friedman raised the firm’s price target on DXC Technology (DXC) to $23 from $19 and keeps a Neutral rating on the shares. The firm said the seocnd half of the year is expected to see some headwinds due to increased investment related to IT and Marketing. However, their target increase is due seeing less risk of downside.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DXC: