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Fly News Breaks for November 12, 2019
DXC
Nov 12, 2019 | 09:02 EDT
RBC Capital analyst Daniel Perlin lowered his price target on DXC Technology to $43 after its Q2 earnings miss, also lowering his FY20 and FY21 EPS view by $1.78 and $2.80 to $5.37 and $5.95 respectively. The analyst is keeping his Outperform rating on the stock however, citing valuation, guidance reset, and the management's strategic options review, noting that the company could achieve over $7 in earnings per share in FY22.
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