DXC Technology : Stocks Under Scanner in the IT Services Space -- International Business Machines, Xerox, Accenture, and DXC Technology
NEW YORK, October 13, 2017 /PRNewswire/ --
If you want a Stock Review on IBM, XRX, CAN, or DXC then come over to
http://dailystocktracker.com/register and sign up for your free customized report. On
Thursday, October 12, 2017, the NASDAQ Composite ended the trading session at 6,591.51,
down 0.18%; the Dow Jones Industrial Average edged 0.14% lower, to finish at 22,841.01;
and the S&P 500 closed at 2,550.93, slightly dropping 0.17%. US markets saw five out of
nine sectors finishing the day in red and four in green. This Friday,
DailyStockTracker.com has initiated reports coverage on the following Information
Technology Services equities: International Business Machines Corp. (NYSE: IBM), Xerox
Corp. (NYSE: XRX), Accenture PLC (NYSE: ACN), and DXC Technology Co. (NYSE: DXC). Take a
look at the free research reports issued today on DailyStockTracker.com for these stocks
by signing up at:
International Business Machines
Armonk, New York headquartered International Business Machines Corp.'s stock finished
Thursday's session 0.40% lower at $147.03 with a total trading volume of 3.30 million
shares. The Company's shares have advanced 0.71% in the last month. The stock is trading
above its 50-day moving average by 1.99%. Additionally, shares of the Company, which
provides information technology (IT) products and services worldwide, have a Relative
Strength Index (RSI) of 57.22. Sign up and read the free research report on IBM at:
On Thursday, shares in Norwalk, Connecticut headquartered Xerox Corp. recorded a
trading volume of 1.11 million shares. The stock ended the session 0.09% lower at $32.71.
The Company's shares have advanced 11.18% in the previous three months, 26.69% over the
last twelve months, and 42.22% on an YTD basis. The stock is trading above its 50-day and
200-day moving averages by 0.73% and 10.72%, respectively. Moreover, shares of Xerox,
which provides document management solutions worldwide, have an RSI of 47.61.
On October 03rd, 2017, research firm UBS initiated a 'Neutral' rating on the Company's
stock, with a target price of $36 per share. The complimentary research report on XRX can
be downloaded at:
Dublin, Ireland-based Accenture PLC's shares closed the day 1.67% higher at $139.20.
The stock recorded a trading volume of 2.86 million shares, which was above its three
months average volume of 1.94 million shares. The Company's shares have gained 18.35% over
the last twelve months and 18.84% since the start of the year. The stock is trading above
its 50-day and 200-day moving averages by 4.89% and 12.06%, respectively. Additionally,
shares of Accenture, which provides consulting, technology, and outsourcing services
worldwide, have an RSI of 65.95.
On October 03rd, 2017, research firm Susquehanna downgraded the Company's stock rating
from 'Positive' to 'Neutral'. Register for free on DailyStockTracker.com and access the
latest report on ACN at:
Shares in Tysons, Virginia headquartered DXC Technology Co. finished 4.05% higher at
$91.20. The stock recorded a trading volume of 4.32 million shares, which was above its
three-month average of 1.56 million shares. The Company's shares have advanced 16.16% in
the previous three months, 77.16% over the last twelve months, and 53.48% on an YTD basis.
The stock is trading above its 50-day and 200-day moving averages by 8.22% and 21.22%,
respectively. Furthermore, shares of DXC Technology, which together with its subsidiaries,
provides information technology services and solutions primarily in North America, Europe,
Asia, and Australia, have an RSI of 75.13.
On October 12th, 2017, research firm Barclays reiterated its 'Overweight' rating on
the Company's stock with an increase of the target price from $90 a share to $100 a share.
Get free access to your research report on DXC at:
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports,
articles, stock market blogs, and popular investment newsletters covering equities listed
on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of
press releases, articles and reports covering equities listed on NYSE and NASDAQ and the
other produces sponsored content (in most cases not reviewed by a registered analyst),
which typically consists of compensated investment newsletters, articles and reports
covering listed stocks and micro-caps. Such sponsored content is outside the scope of
procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author")
and is fact checked and reviewed by a third party research service company (the
"Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email [email protected] Rohit Tuli, a CFA(R)
charterholder (the "Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on
publicly available information which is believed to be reliable. Content is researched,
written and reviewed on a reasonable-effort basis. The Reviewer has not performed any
independent investigations or forensic audits to validate the information herein. The
Reviewer has only independently reviewed the information provided by the Author according
to the procedures outlined by DST. DST is not entitled to veto or interfere in the
application of such procedures by the third-party research service company to the articles,
documents or reports, as the case may be. Unless otherwise noted, any content outside of
this document has no association with the Author or the Reviewer in any way.
DST, the Author, and the Reviewer are not responsible for any error which may be
occasioned at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted whatsoever for any direct, indirect or consequential loss arising
from the use of this document. DST, the Author, and the Reviewer expressly disclaim any
fiduciary responsibility or liability for any consequences, financial or otherwise arising
from any reliance placed on the information in this document. Additionally, DST, the
Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or
correct sequencing of the information, or (2) warrant any results from use of the
information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an
offer to buy or sell the securities mentioned or discussed, and is to be used for
informational purposes only. Please read all associated disclosures and disclaimers in
full before investing. Neither DST nor any party affiliated with us is a registered
investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To
download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company
we are covering and wish to no longer feature on our coverage list contact us via
email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA