KeyBanc Downgrades Luxoft Holding (LXFT) to Sector Weight
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November 16, 2018 4:08 AM EST
VTB Capial analyst Vladimir Bespalov upgraded Luxoft Holding (NYSE: LXFT) from Hold to Buy with a price target of $50.00.
The analyst comments "We believe that fresh headwinds in the Financial Services Vertical were among the reasons for the markets negative... More
November 15, 2018 11:38 AM EST
(Updated - November 15, 2018 11:43 AM EST)
(updated to correct rating, add analyst name, add target price)
JPMorgan analyst Alexei Gogolev downgraded Luxoft Holding (NYSE: LXFT) from Overweight to Underweight.
For an analyst ratings summary and ratings history on Luxoft... More
November 15, 2018 11:14 AM EST
Wedbush analyst Moshe Katri lowered the price target on Luxoft Holding (NYSE: LXFT) to $40.00 (from $50.00) while maintaining a Neutral rating.
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November 15, 2018 6:59 AM EST
Luxoft Holding (NYSE: LXFT) reported Q2 EPS of $0.74, $0.11 better than the analyst estimate of $0.63. Revenue for the quarter came in at $228.4 million versus the consensus estimate of $228.01 million.
Revenue of $228.4 million, up 0.2% year-over-year and up 7.3% sequentiallyNet income of $14.4 million, compared to $18.4 million in the year-ago quarter and diluted EPS of $0.43, compared to $0.54 in the year-ago quarterAdjusted EBITDA of $36.6 million and...
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