Jefferies’ IT Roundup

In a new report, analysts at Jefferies updated many of their projections for stocks in the computer services & IT consulting space. After strong Q1 performance, analysts raised their expectations and price targets for the stocks of several key names.

Here’s a summary of the changes Jefferies made to its forecasts:

Amdocs Limited DOX 0.17%
Rating: Buy
2015 EPS estimate: $3.35
Price target change: from $46 to $54.

Automatic Data Processing ADP 1.04%
Rating: Underperform
2015 EPS estimate: $2.95
Price target change: from $73 to $75

BlackHawk Network Holdings Inc HAWK 0.58%
Rating: Buy
2015 EPS estimate: $2.23
Price target change: from $42 to $43

CACI International Inc CACI 0.18%
Rating: Hold
2015 EPS estimate: $5.14
Price target change: From $79 to $86

CGI Technologies and Solutions Inc GIB 0.59%
Rating: Hold
2015 EPS estimate: C$3.10
Price target change: from $38.50 to $42

Cognizant Technology Solutions Corp CTSH 1.14%
Rating: Buy
2015 EPS estimate: $2.94
Price target change: from $63 to $73

ExlService Holdings, Inc. EXLS 0.87%
Rating: Hold
2015 EPS estimate: $1.90
Price target change: from $32 to $33

Genpact Limited G 2.87%
Rating: Buy
2015 EPS estimate: $1.17
Price target change: from $24 to $26

Total System Services, Inc. TSS 0.27%
Rating: Hold
2015 EPS estimate: $2.23
Price target change: from $37 to $40

Vantiv Inc VNTV 0.7%
Rating: Buy
2015 EPS estimate: $2.13
Price target change: from $42 to $47

The Western Union Company WU 0.69%
Rating: Hold
2015 EPS estimate: $1.64
Price target change: from $19 to $21

WEX Inc WEX 0.49%
Rating: Buy
2015 EPS estimate: $5.13
Price target change: from $118 to $134

Read this article and all my other articles for free on Benzinga by clicking here

Want to learn more about the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!