DXC Technology delivered its promised sequential revenue growth in fiscal Q3 at a higher level than expected and beat and raised its earnings outlook, Citi analyst Ashwin Shirvaikar tells investors in a post-earnings research note. The analyst looks for DXC to continue to recover the ground its stock lost following the revenue disappointment during December. Importantly, demand metrics such as bookings in the quarter were good, and the stock remains "quite cheap," Shirvaikar contends. He keeps a Buy rating on DXC Technology with an $88 price target.