Luxoft Holding (LXFT) Tops Q1 EPS by 7c

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UBS Raises Price Target on Luxoft Holding (LXFT) to $74 Following Impressive Company Growth

August 14, 2015 9:25 AM EDT

UBS reiterated a Buy rating on Luxoft Holding (NYSE: LXFT), and raised the price target to $74.00 (from $68.00), following impressive company growth. LXFT noted USD growth excluding Radius and Excelian was roughly 16%. Analyst Steven Milunovich said that constant growth of the top three accounts was slightly... More