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Fly News Breaks for April 11, 2019
UIS
Apr 11, 2019 | 09:27 EDT
SunTrust analyst Frank Atkins lowered his price target on Unisys to $17, saying he is updating the multiple in his model for changes in the interest rate environment as well as for pension impact. The analyst is keeping his Buy rating on the stock however, noting that he is encouraged by the "continued progress on the fundamentals" by the company after his conversation with Unisys CMO. Atkins notes the discussions reflected Unisys making "improvements to its website, better advisory relationships, growth with technology industry analysts, and sending proactive visible peer testimonials."
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