DXC Technology (DXC) Receives a Hold from BMO Capital
In a report released today, Keith Bachman from BMO Capital maintained a Hold rating on DXC Technology, with a price target of $10.00.
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According to TipRanks, Bachman is a 4-star analyst with an average return of 4.8% and a 49.29% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, SAP SE, and Rubrik, Inc. Class A.
In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $9.00 price target.
Based on DXC Technology’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.13 billion and a GAAP net loss of $141 million. In comparison, last year the company earned a revenue of $3.17 billion and had a net profit of $264 million
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DXC in relation to earlier this year. Last month, Raul Fernandez, the President & CEO of DXC bought 28,050.00 shares for a total of $249,364.50.
Read More on DXC:
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- DXC Technology sees FY27 adjusted EPS $2.40-$2.90, consensus $2.61
- DXC Technology sees FY29 organic revenue growth 0%-4%
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