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Fly News Breaks for May 30, 2018
DXC
May 30, 2018 | 09:36 EDT
SunTrust analyst Frank Atkins lowered his price target on DXC Technology to $105 after its in-line Q4 results and reflecting the reduced consensus for revenues and guidance. The analyst keeps his Buy rating however, saying he was "encouraged" by the margin guidance. Longer term, Atkins sees DXC Technology's potential driving "substantial" earnings growth of about 18% while the company continues "optimizing in-house support, reducing real estate footprint, and enhancing operational efficiencies."
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