Deutsche Bank analyst Bryan Keane lowered the firm’s price target on DXC Technology to $35 from $48 and keeps a Buy rating on the shares. The analyst reduced the target to reflect lower peer group valuations but says DXC’s free cash flow improved materially in fiscal Q3.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on DXC:
- DXC Technology sees FY23 adjusted EPS $3.45-$3.50, consensus $3.48
- DXC Technology sees Q4 adjusted EPS $1.00-$1.05, consensus $1.16
- DXC Technology reports Q3 adjusted EPS 95c, consensus 83c
- DXC Technology options imply 7.5% move in share price post-earnings
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
