J.P. Morgan Reaffirms Their Sell Rating on DXC Technology (DXC)
J.P. Morgan analyst Tien Tsin Huang maintained a Sell rating on DXC Technology (DXC – Research Report) yesterday and set a price target of $18.00. The company's shares closed yesterday at $14.76.
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According to TipRanks, Tsin Huang is a 5-star analyst with an average return of 7.2% and a 58.68% success rate. Tsin Huang covers the Technology sector, focusing on stocks such as Flywire, Cognizant, and Fidelity National Info.
Currently, the analyst consensus on DXC Technology is a Hold with an average price target of $16.50.
Based on DXC Technology's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.23 billion and a net profit of $57 million. In comparison, last year the company earned a revenue of $3.4 billion and had a net profit of $156 million
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