Information Provided By:
Fly News Breaks for January 9, 2020
SRT
Jan 9, 2020 | 08:44 EDT
B. Riley FBR analyst Zach Cummins initiated coverage of StarTek with a Buy rating and $10.50 price target. More than one year after its transformational merger with Aegis, StarTek is approaching an "inflection point for revitalized" organic revenue growth and margin expansion, Cummins tells investors in a research note. He expects the stabilization of the telecom vertical, the planned ramp of new business wins in higher-growth verticals, and further expansion of the company's strategic arrangement with Amazon to drive mid-single-digit organic growth and a double-digit adjusted EBITDA margin in fiscal 2021.
News For SRT From the Last 2 Days
There are no results for your query SRT