Deutsche Bank Downgrades DXC Technology to Hold, Lowers Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Bryan Keane has downgraded DXC Technology from Buy to Hold and lowered the price target from $35 to $23.
August 04, 2023 | 12:54 pm
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DXC Technology has been downgraded from Buy to Hold by Deutsche Bank, with a lowered price target from $35 to $23.
The downgrade from Buy to Hold by Deutsche Bank indicates a less optimistic outlook for DXC Technology. The lowered price target from $35 to $23 suggests that the bank expects the stock's price to decrease in the short term. This could potentially lead to a negative impact on DXC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100