KeyBanc analyst Arvind Ramnani downgraded DXC Technology to Sector Weight, saying Q2 marked another "challenging" quarter with continued execution issues and accelerating revenue compression in its Infrastructure business. The analyst is concerned that the top-line pressure is "secular", reducing the medium-term visibility on the company's targets, even though he is positive on the management team's ability to execute on a number of strategic options. Ramnani adds that investors may find the 5.5-times expected 2020 earnings multiple on the stock "attractive".