1420 GMT - Softcat's shares could do better than the market thinks, Citigroup says, increasing its recommendation on the IT infrastructure and services provider to buy from neutral. (philip.waller@wsj.com)---Computacenter's Earnings Prospects Look Muted1419 GMT - Computacenter's earnings outlook appears limited, Citigroup says, cutting its recommendation on the computer-services supplier to neutral from buy and its target price to 2350 pence. Meanwhile, market expectations and the company's share price already reflect capital options offered by its balance sheet and cash flow, Citi analysts say in a note. DCC has an outperform rating and a 9,000-pence price target on the stock. (anthony.orunagoriainoff@dowjones.com)Contact: London NewsPlus, Dow Jones Newswires;(END) Dow Jones NewswiresJuly 13, 2023 12:04 ET (16:04 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
Source: Wall Street Journal July 13, 2023 16:14 UTC