Stock Rating Upgrade
The Value Trend Rating for DXC Technology Co (NYSE: DXC) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/8/24, DXC Technology Co (NYSE: DXC) stock enjoyed a large increase of 2.1%, closing at $20.86. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -4.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DXC is expected to continue to be a major Value Builder.
DXC Technology has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. DXC Technology has a neutral Appreciation Score of 56 and a slightly negative Power Rating of 38, producing the Low Neutral Value Trend Rating.
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