Luxoft Holding (LXFT) Tops Q3 EPS by 7c, Lowers FY EPS Guidance

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Luxoft Holding (LXFT) PT Lowered to $46 at Credit Suisse

February 15, 2018 8:28 AM EST

Credit Suisse lowered its price target on Luxoft Holding (NYSE: LXFT) to $46.00 (from $50.00) while maintaining a Underperform rating.

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Cowen Downgrades Luxoft Holding (LXFT) to Market Perform

February 14, 2018 10:10 AM EST

Cowen downgraded Luxoft Holding (NYSE: LXFT) from Outperform to Market Perform with a price target of $50.00 (from $63.00).

Analyst Avishai Kantor commented, "Top 2 clients (34% of rev) will continue to contract meaningfully in FY/19 (combined double-digits), incremental large telecom/healthcare clients see spending challenges... More