UPDATE: Jefferies Upgrades CGI as Key Metrics are Set to Improve
February 20, 2014 at 07:56 AM EST
In a report published Thursday, Jefferies analyst Jason Kupferberg upgraded the rating on CGI (NYSE: GIB ) from Hold to Buy, and raised the price target from $34.00 to $39.00. In the report, Jefferies noted, “We are upgrading GIB to Buy from Hold because: 1) we believe cash flow concerns
