Computer Sciences Corporation – Market Analysis


Computer Sciences CorporationA Little More Light Shed on Changes – Some Heavy Lifting Coming

CSC reported quarterly results roughly in line with the preliminary announcement. Although most of the bad news appears to be built into the stock price from a sentiment perspective, the prospects for the company over the short term are still uncertain making it difficult to apply a creditable investment thesis. Investors are beginning to get more information regarding the magnitude of the issues and turnaround plan. We remain NEUTRAL pending more information.

Back to Market Analysis home

Joseph D. Foresi
[email protected]

Leave A Reply