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DXC Technology price target lowered to $16 from $23 at Susquehanna

Susquehanna lowered the firm’s price target on DXC Technology (DXC) to $16 from $23 and keeps a Neutral rating on the shares. The firm lowered its target and estimates as they think Q1 began ok but as visibility has faded, they now expect softening of quarter-over-quarter into Q2 and likely beyond.

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