BMO Capital Downgrades DXC Technology to Market Perform, Lowers Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman has downgraded DXC Technology from Outperform to Market Perform and lowered the price target from $27 to $25.
August 04, 2023 | 12:41 pm
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DXC Technology has been downgraded by BMO Capital from Outperform to Market Perform, with a reduced price target of $25.
The downgrade from Outperform to Market Perform by BMO Capital indicates a less optimistic outlook for DXC Technology. The reduction in price target from $27 to $25 also suggests that the analyst sees less upside potential in the stock. This could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100