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Raymond James upgrades CSC after LBO report

Sep. 30, 2014 9:22 AM ETDXC Technology Company (DXC) StockDXCBy: Eric Jhonsa, SA News Editor
  • Citing both the potential for an LBO and expectations of new cost cuts, Raymond James has upgraded Computer Sciences (CSC) to Outperform. Its target is $75.
  • Bloomberg reported yesterday CSC has approached P-E firms to gauge their interest in an LBO.
  • Shares +1.1% premarket.

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