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Wells Fargo Stick to Their Buy Rating for DXC Technology Company

Published 06/20/2021, 02:15 AM
Updated 06/20/2021, 02:15 AM


Wells Fargo (NYSE:WFC) analyst Timothy Willi reiterated a Buy rating on DXC Technology Company (NYSE:DXC) on Friday, setting a price target of $48, which is approximately 32.34% above the present share price of $36.27.

Willi expects DXC Technology Company to post earnings per share (EPS) of -$3.14 for the second quarter of 2021.

The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in DXC Technology Company, with an average price target of $41.
The analysts price targets range from a high of $48 to a low of $34.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $4.39 billion and a net profit of -$125 million. The company's market cap is $9.24 billion.

According to TipRanks.com, Wells Fargo analyst Timothy Willi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.1% and a 75.00% success rate.

DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through the following segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides technology solutions that help clients address challenges and accelerates the digital transformations that is tailored to each client's specific objectives. The GIS segment offers to deliver predictable outcomes and measurable results, while reducing business risk and operational costs for clients. The USPS segment delivers IT services and business solutions to all levels of government in the United States. The company was founded on 19th May, 2016 and is headquartered in Tysons, VA.

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