Bullish Case: Conduent shows increasing institutional ownership and positive insider transactions. These activities, coupled with analyst optimism, hint at a potential turnaround despite recent price erosion, underpinning acquisition and investment interests.


Bearish Case: CNDT has seen substantial price declines over multiple time frames, reflecting consistent sell-offs. Given its fluctuating earnings and significant long-term price depreciation, the market sentiment remains pessimistic.


Potential Outcomes:

1. Upside from institutional buying, 35%.

2. Decline due to earnings miss, 40%.

3. Stability at current levels due to mixed signals, 25%. These estimates consider the recent investment trends and uncertain financial performance.


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April 25, 2024


Conduent Forecast

CNDT        Conduent
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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