Unisys initiated with a Hold at Jefferies

Jefferies analyst Surinder Thind initiated coverage of Unisys (UIS) with a Hold rating and $4 price target The company’s turnaround this time around could be the right strategy as its revenues appear stable, and bookings and new logo wins are accelerating, the analyst tells investors in a research note. The firm believes Unisys’ could accelerate in 2026 but it prefers to wait for a sustained period of execution before recommending the shares.