Cowen & Co. Reaffirms Their Hold Rating on DXC Technology Company

By Carrie Williams

Cowen & Co. analyst Bryan Bergin reiterated a Hold rating on DXC Technology Company (NYSE: DXC) today and set a price target of $85. The company’s shares closed yesterday at $87.65, close to its 52-week high of $89.52.

According to TipRanks.com, Bergin is a 5-star analyst with an average return of 17.3% and a 98.0% success rate. Bergin covers the Technology sector, focusing on stocks such as Sapiens International Corporation, Exlservice Holdings, and Epam Systems Inc.

Currently, the analyst consensus on DXC Technology Company is Moderate Buy and the average price target is $89.63, representing a 2.3% upside.

In a report released yesterday, Stifel Nicolaus also reiterated a Hold rating on the stock with a $86 price target.

The company has a one-year high of $89.52 and a one-year low of $64.06. Currently, DXC Technology Company has an average volume of 1.53M.

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DXC Technology Co. provides technology consulting, outsourcing and support services. It services include analytics, application, business process, cloud, consulting, enterprise and cloud applications, security, workplace and mobility, and industries. The company was founded on May 19, 2016 and is headquartered in Tysons, VA.