DXC Technology price target lowered to $10 from $17 at BMO Capital

BMO Capital lowered the firm’s price target on DXC Technology (DXC) to $10 from $17 and keeps a Market Perform rating on the shares. The company missed Q4 revenue expectations, primarily in the Global Infrastructure Services segment business, while its initial FY27 guidance was below expectations on both revenues and EBIT margins, the analyst tells investors in a research note.