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Conduent Restructures, EVP Michael McDaniel Departs

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Conduent Restructures, EVP Michael McDaniel Departs

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Conduent ( (CNDT) ) just unveiled an announcement.

Conduent Incorporated announced the termination of Michael McDaniel, Executive Vice President of Commercial Solutions, as part of a restructuring effort to eliminate a management layer. This decision, effective October 7, 2025, aligns with the company’s restructuring strategy, and Mr. McDaniel will receive severance benefits according to the company’s policy.

The most recent analyst rating on (CNDT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.

Spark’s Take on CNDT Stock

According to Spark, TipRanks’ AI Analyst, CNDT is a Neutral.

Conduent’s overall stock score is driven by financial performance challenges, including declining revenues and profitability, which weigh heavily on the score. Technical analysis provides some short-term optimism, while valuation concerns due to a high P/E ratio and no dividend yield further impact the score. The earnings call highlights potential future improvements, but current challenges remain significant.

To see Spark’s full report on CNDT stock, click here.

More about Conduent

Conduent Incorporated operates in the business services industry, providing diversified business process services with a focus on commercial solutions.

Average Trading Volume: 933,982

Technical Sentiment Signal: Sell

Current Market Cap: $423.4M

For an in-depth examination of CNDT stock, go to TipRanks’ Overview page.

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