Baird analyst William Power raised the firm’s price target on Amdocs to $100 from $85 and keeps a Neutral rating on the shares. The analyst said North America remains the key growth driver, Europe also performed better in the quarter, though the rest of world was weaker. Positively, macro impacts seemingly remain limited overall.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on DOX: