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LXFT

Luxoft

$53.50

0.775 (1.47%)

09:47
10/04/16
10/04
09:47
10/04/16
09:47

Kerrisdale Capital announces release of positive report on Luxoft

Kerrisdale Capital announced that it has released a report on Luxoft, arguing that while the stock experienced weakness this year, Kerrisdale believes that the "low stock price will prove temporary as Luxoft management continues to diversify its customers and grow its employee base." Kerrisdale noted that it has a long position in Luxoft and stands to benefit if its share price increases. Reference Link

  • 14

    Nov

LXFT Luxoft
$53.50

0.775 (1.47%)

04/13/16
CANT
04/13/16
INITIATION
Target $55
CANT
Hold
Luxoft initiated with a Hold at Cantor
Cantor Fitzgerald analyst Joseph Foresi started Luxoft Holding with a Hold rating and $55 price target.
07/12/16
PACS
07/12/16
INITIATION
PACS
Sector Weight
Luxoft initiated with a Sector Weight at Pacific Crest
Pacific Crest analyst Arvind Ramnani started Luxoft Holding with a Sector Weight rating.
08/16/16
UBSW
08/16/16
DOWNGRADE
Target $53
UBSW
Neutral
Luxoft downgraded to Neutral from Buy at UBS
UBS analyst Steven Milunovich downgraded Luxoft Holding to Neutral saying the company's slowing organic growth could keep shares in a "holding pattern." The analyst cut his price target for the stock to $53 from $63.
09/08/16
WEDB
09/08/16
INITIATION
Target $62
WEDB
Neutral
Luxoft initiated with a Neutral at Wedbush
Wedbush analyst Moshe Katri initiated Luxoft with a Neutral and a $62 price target.

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