UPDATE: Deutsche Bank Upgrades Computer Sciences to Buy on Faster-Than-Anticipated Turnaround
Posted on November 19, 2012 at 07:28 AM EST
Deutsche Bank raised its rating on Computer Sciences (NYSE: CSC ) from Hold to Buy and announced a $46 price target. Deutsche Bank noted, "After meeting with the company's new mgmt and working through our model, we believe the turnaround is happening faster and normalized EPS of $5.00+ will