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Fly News Breaks for August 2, 2017
UIS
Aug 2, 2017 | 07:18 EDT
SunTrust analyst Frank Atkins says that Unisys' Q2 results were hurt by the "volatility" of tech spending trends and a tough comp for its tech segment. The analyst trimmed his price target on the shares to $15 from $17, but he says that the company's pipeline "remains strong," giving him confidence that it can meet its full-year revenue guidance and expand its margins in 2H17. He recommends buying the shares on weakness.
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