DXC Technology price target raised to $26 from $20 at RBC Capital

RBC Capital analyst Daniel Perlin raised the firm’s price target on DXC Technology (DXC) to $26 from $20 and keeps a Sector Perform rating on the shares. Reflecting the management’s focus on execution and despite continued macro-related demand pressures on discretionary projects, DXC has posted upside to both revenue and earnings in the quarter, the analyst tells investors in a research note.