Kaufman Analyst Says Shares of Computer Sciences Corp. (CSC) Are Undervalued

November 2, 2009 7:32 AM EST

Kaufman Bros. reiterates a 'Buy' on Computer Sciences Corp. (NYSE: CSC), Price target $62.

Kaufman analyst says, "We continue to recommend CSC and are bullish call is rooted in three considerations: 1) the new CFO serves as an internal catalyst; 2) CSC may now have the tailwind of an improving demand backdrop which we are seeing through renewed deal activity; 3) the stock is undervalued at 10x CY 2010 GAAP EPS."

To see more analyst ratings on CSC Click Here.


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