DXC.technology is an end-to-end services company headquartered in Tysons Corner, Virginia. DXC provides information technology and consulting services to businesses and governments. The company operates in more than 70 countries and trades on the New York Stock Exchange under the symbol “DXC” and is a component of the S&P 500 index. DXC Technology is focusing on the cyber business, cloud computing market and Big Data business. A significant portion of the company’s cyber business is contributed by the federal government and, to an extent, the commercial sector. The company mainly focuses on providing backup IT support to federal government departments, and some other companies. DXC's quarterly revenue growth is 229.40%.
DXC has many businesses from the Federal Government. It can grow fast. Morgan Stanley boosted their price objective on DXC Technology from $104.00 to $114.00.
I checked many DXC ratings, almost all of them recommended "Buy". JPMorgan Chase set a $114 target price. Zacks Investment Research set a $109 target price. Finstead Research set a $110 target price. Citigroup set a $126 target price.
