Goldman Sachs is Neutral on Computer Sciences
In a comment report issued earlier today, the Goldman Sachs Group, Inc. gave a Neutral rating to Computer Sciences Corporation (NYSE: CSC), but did not name a specific price target.
Goldman Sachs went on to say “We see few near-term catalysts for CSC shares and potentially more rapid deterioration in profitability as evidenced by a much weaker implied operating margin exiting FY12. Looking ahead, we believe a reset to FY13 EPS/FCF expectations will be key for the shares to find a new base for valuation.”
Computer Sciences Corporation closed yesterday at $28.18.
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