Morgan Stanley lowered the firm’s price target on DXC Technology (DXC) to $15 from $16 and keeps an Equal Weight rating on the shares. The firm says the company’s fiscal Q1 beat provides confidence in its ability to meet its unchanged fiscal 2026 growth targets.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DXC:
- DXC Technology’s Earnings Call: Growth Amid Challenges
- DXC Technology Reports Mixed Q1 Fiscal 2026 Results
- DXC Technology sees Q2 adjusted EPS 65c-75c, consensus 80c
- DXC Technology raises FY26 adjusted EPS view to $2.85-$3.35 from $2.75 to $3.25
- DXC Technology reports Q1 adjusted EPS 68c, consensus 62c