DXC Technology Company (DXC) Received its Third Buy in a Row


After RBC Capital and KeyBanc gave DXC Technology Company (NYSE: DXC) a Buy rating last month, the company received another Buy, this time from SunTrust Robinson. Analyst Frank Atkins reiterated a Buy rating on DXC Technology Company yesterday and set a price target of $102. The company’s shares opened today at $88.90.

According to TipRanks.com, Atkins is a 4-star analyst with an average return of 12.7% and a 73.3% success rate. Atkins covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Epam Systems Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DXC Technology Company with a $98.57 average price target, representing a 10.9% upside. In a report issued on July 28, CFRA also maintained a Buy rating on the stock with a $105 price target.

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The company has a one-year high of $93.28 and a one-year low of $69.80. Currently, DXC Technology Company has an average volume of 2.31M.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through the following segments: Global Business Services (GBS), Global Infrastructure Services (GIS) and United States Public Sector (USPS).

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