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Fly News Breaks for January 9, 2019
PRSP
Jan 9, 2019 | 06:17 EDT
Loop Capital analyst Joseph Vafi kept his Hold rating and $19 price target on Perspecta, but states that his two days of meetings with its management left him more confident about its DXC-Vencore spin/merger implemented last year. The analyst sees the company's financial performance trending toward the mid-high end of the FY19 guidance range as a result of growing revenue momentum and benefits from cost savings efforts.
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