Computer Sciences (CSC) Tops Q1 EPS by 10c; Announces Two Acquisitions

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SunTrust Upgrades Computer Sciences (CSC) to Buy

August 12, 2015 7:19 AM EDT

SunTrust Robinson Humphrey upgraded Computer Sciences (NYSE: CSC) from Neutral to Buy with a price target of $78.00.

For an analyst ratings summary and ratings history on Computer Sciences click here. For more ratings news on Computer Sciences click here.

Shares of Computer Sciences closed at $64.20 yesterday.

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Computer Sciences (CSC) to Acquire Fixnetix

August 11, 2015 4:19 PM EDT

CSC (NYSE: CSC), a global leader in next-generation IT services and solutions, today announced it has signed an agreement to acquire Fixnetix, a leading provider of front-office managed trading solutions in capital markets. The proposed acquisition will enable CSC to offer capital market clients an expanded range of as-a-service front office capabilities and will strengthen its ability to address growing client demand for greater efficiency and innovation in trading, market data, hosting, infrastructure, connectivity and risk management.

Capital market firms of all sizes are facing rapid change amid more stringent customer, regulatory and competitive... More