DXC Technology Co

DXC Technology Co(DXC)のニュースとイベント

$14.630

+0.379 (+2.59%)終値時点

DXC のニュース

DXC のイベント

10/20 13:30

TD Cowen Notes DXC in Talks to Sell Insurance Division for $2.4B

TD Cowen notes that DXC is reportedly in advanced talks to sell its insurance division for $2.4B. This has been a prior topic, but the news comes as a surprise given dismissive management commentary on potential sales and relative Insurance growth and margin performance vs Customer Engagement Services and Global Infrastructure Services segments, the firm adds. TD Cowen believes a sale would enable capital deployment and deleveraging flexibility. The firm also highlights the implied depressed valuation of the remaining company. TD Cowen has a Hold rating on the shares with a price target of $12.

10/19 13:00

Shares Rise 10% to $14.93 Following Report

Shares are up $1.31, or 10%, to $14.93 following the report.

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