On Nov 14, major Wall Street analysts update their ratings for $Amdocs (DOX.US)$, with price targets ranging from $100 to $111.
BofA Securities analyst Tal Liani maintains with a buy rating, and sets the target price at $100.
Barclays analyst Tavy Rosner maintains with a buy rating, and adjusts the target price from $113 to $111.
Jefferies analyst George Notter maintains with a buy rating, and maintains the target price at $100.
Oppenheimer analyst Timothy Horan maintains with a buy rating, and adjusts the target price from $98 to $105.
Stifel analyst Shlomo Rosenbaum maintains with a buy rating, and maintains the target price at $100.
Furthermore, according to the comprehensive report, the opinions of $Amdocs (DOX.US)$'s main analysts recently are as follows:
The company is transitioning away from non-core businesses with lower margins, a strategy that management suggests will increase recurring revenues and is expected to raise operating margins above 21% by fiscal 2025, alongside delivering a double-digit return to shareholders.
The company's Q4 report was consistent with expectations, showing a revenue increase of 2.1% on a constant currency basis and non-GAAP EPS of $1.70. The demand environment continues to face challenges; however, it is likely that it has reached its lowest point, according to an analyst's perspective.
Here are the latest investment ratings and price targets for $Amdocs (DOX.US)$ from 5 analysts:
Note:
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