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Amdocs (DOX) Shares Rally 1.27% After Wolfe Research Initiates Coverage
Generated by AI AgentMover Tracker
Wednesday, Jul 16, 2025 7:24 pm ET1min read
Amdocs (DOX) shares rose by 1.27% today, marking a significant rebound after hitting its lowest level since April 2025, with an intraday decline of 0.20%.
The strategy of buying DOX shares after they reach a recent low and selling after one week resulted in a 3.17% return, significantly underperforming the benchmark return of 58.03%. The strategy had a maximum drawdown of 0.00%, a Sharpe ratio of 0.07, and a CAGR of 1.25%.On July 8, 2025, Wolfe Research initiated coverage of
(DOX) with an "Outperform" rating. This move is expected to positively influence investor sentiment, potentially driving the stock price higher. The rating reflects the firm's confidence in Amdocs' future performance and growth prospects, which could attract more investors to the stock.
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