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LXFT

Luxoft

$39.20

-1.15 (-2.85%)

06:55
04/09/18
04/09
06:55
04/09/18
06:55

Luxoft announces $60M share repurchase program

Luxoft announced that its Board of Directors has authorized the repurchase of up to an aggregate of $60M of its outstanding Class A ordinary shares. The repurchase program is expected to continue for a period of two years unless suspended, extended or discontinued by the Board of Directors.

LXFT Luxoft
$39.20

-1.15 (-2.85%)

02/15/18
KEYB
02/15/18
NO CHANGE
Target $56
KEYB
Overweight
Luxoft price target lowered to $56 from $66 at KeyBanc
KeyBanc analyst Arvind Ramnani lowered his price target for Luxoft to $56 from $66 following quarterly results. The analyst reiterates an Overweight rating on the shares.
02/15/18
VTBC
02/15/18
DOWNGRADE
VTBC
Hold
Luxoft downgraded to Hold from Buy at VTB Capital
02/21/18
BREN
02/21/18
NO CHANGE
Target $60
BREN
Buy
Luxoft 20% share pullback an overreaction, says Berenberg
Berenberg analyst Georgios Kertsos views the 20% pullback in shares of Luxoft Holding (LXFT) since last week's Q3 results is an overreaction. The company's fundamentals remain solid, as indicated by the 30% year-over-year revenue growth excluding the top two clients, Kertsos tells investors in a research note. The analyst points out that Luxoft was chosen by Amazon Web Services (AMZN) as one of its six IT services companies for its blockchain advisory list to help AWS clients adopt distributed ledger technology. He keeps a Buy rating on the shares with a $60 price target, which represents 35% upside from current levels.
04/03/18
VTBC
04/03/18
UPGRADE
VTBC
Buy
Luxoft upgraded to Buy from Hold at VTB Capital

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