Information Provided By: 
Fly News Breaks for May 15, 2019
DOX
May 15, 2019 | 08:24 EDT
Stifel analyst Tom Roderick said he thinks Amdocs (DOX) "answered a lot of the lingering issues" presented in Spruce Point's prior short report with its Q2 results, noting that unbilled receivables, which is a metric that had presented some concern, "dropped nicely." While the AT&T (T) run-rate is coming in below expectations, Roderick said he remains optimistic that business with AT&T will reaccelerate at the end of FY19 and into FY20. He keeps a Buy rating on Amdocs with a price target of $70 on the shares.
News For DOX From the Last 2 Days
There are no results for your query DOX
