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Unisys initiated with an Outperform at William Blair

William Blair initiated coverage of Unisys (UIS) with an Outperform rating. The firm says Unisys offers an attractive risk/reward opportunity within information technology services. The company’s strategic pivot and improved balance sheet position position it well to reaccelerate growth of higher value solutions, expand profitability margins, and enhance shareholder returns, the analyst tells investors in a research note.

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