Kaufman Bros. Upgrades Amdocs (DOX) to Buy

June 4, 2008 8:54 AM EDT

Kaufman Bros. upgrades Amdocs (NYSE: DOX) from Hold to Buy, citing strong likelihood company will meet 2008 guidance. Price target increased to $37.

Amdocs Limited (Amdocs) is a holding company based in St. Louis, Missouri, the United States. The Company’s principal operating subsidiaries are located in China, Cyprus, India, Ireland, Israel and the United States. Amdocs provides software and service solutions to wireline and wireless telecommunications, as well as broadband cable and satellite service providers.


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