Skip to main content

Market Overview

UPDATE: Susquehanna Downgrades Unisys


In a report published Friday, Susquehanna analyst James Friedman downgraded Unisys (NYSE: UIS) to Neutral from Positive, with a $30.00 price target.

According to the report, although UIS management is doing an excellent job energizing the company with a clear product roadmap, a lower cost structure and an improved delivery team, analysts believe major catalysts are now priced in with shares up more than 70 percent.

“Our DCF is super-sensitive to changes in revenue growth and margin assumptions,” the report noted. “For example, should the revenue CAGR decrease/increase just 100 bps, the value moves $2 per share (Figure 2); at the same time a 100 bps delta in margins yields $3 per share. On a P/E basis, our price target of $30 is based on ~6.5x NTM adjusted EPS of $4.51. Multiple expansion will likely require some top-line growth.”

A risk to UIS is a $35 based on ~8x forward adjusted EPS. As interest rates increase, this could be achieved. UIS closed Thursday at $32.23 with shares trading down at 4.48 percent.

Latest Ratings for UIS

Feb 2020Canaccord GenuityMaintainsHold
Dec 2019Canaccord GenuityInitiates Coverage OnHold
Feb 2018SusquehannaDowngradesPositiveNeutral

View More Analyst Ratings for UIS
View the Latest Analyst Ratings


Related Articles (UIS)

View Comments and Join the Discussion!

Posted-In: James Friedman SusquehannaAnalyst Color Downgrades Analyst Ratings

Latest Ratings

KITSRoth CapitalMaintains10.0
CSPRRoth CapitalMaintains14.0
CELHCredit SuisseMaintains57.0
MOGOCanaccord GenuityUpgrades12.0
TUYAB of A SecuritiesUpgrades22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at