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Fly News Breaks for February 11, 2019
LXFT, DXC
Feb 11, 2019 | 07:23 EDT
SunTrust analyst Frank Atkins raised his price target on DXC Technology (DXC) to $72 after its "solid" Q3 results and guidance. The analyst says the company's margins expanded and its sales trajectory has improved, even though he sees a more favorable tax rate driving some of its earnings beat. Atkins keeps his Hold rating on DXC Technology, citing uncertainty related to Luxoft (LXFT) integration risk.
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