Luxoft Holding (LXFT) Tops Q4 EPS by 1c, Beat on Revenues; Offers FY18 Guidance

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Luxoft Holding (LXFT) PT Raised to $66 at UBS; Remains Sidelined

May 24, 2017 9:19 AM EDT

UBS raised its price target on Luxoft Holding (NYSE: LXFT) to $66.00 (from $63.00) while maintaining a Neutral rating.

Management noted that M&A would be much less aggressive in F18, so organic top-line growth should be 15-17%. UBS reduced 2018 revenue estimates from $969mn... More

Luxoft Holding (LXFT) PT Raised to $68 at Cowen Following 4Q

May 23, 2017 8:59 AM EDT

Cowen raised its price target on Luxoft Holding (NYSE: LXFT) to $68.00 (from $65.00) while maintaining a Outperform rating. LXFT reported revenues and CEPS of $204.1 MM and $0.63 compared to consensus expectations of $202.6 MM and $0.62, respectively. Adjusted EBITDA margin contracted 140 BPTS YOY and 380 BPTS... More