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Amdocs downgraded to Peer Perform from Outperform at Wolfe Research

Wolfe Research downgraded Amdocs (DOX) to Peer Perform from Outperform without a price target The firm says its near-term enthusiasm for the shares has “waned” since the company has sales growth acceleration or margin expansion embedded in its fiscal 2026 guidance. In addition, the T-Mobile commentary “heightens concerns, the analyst tells investors in a research note. Wolfe cites a lack of catalysts for the downgrade.

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