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Fly News Breaks for July 5, 2016
WNS
Jul 5, 2016 | 06:38 EDT
Baird analyst David Koning upgraded WNS Holdings to Outperform with a $35 price target saying shares are compelling after the 14%-15% pullback since Brexit. The analyst believes the industry and WNS are doing well with underlying revenue growth accelerating toward the mid-teens, a strong $3/share net cash available for acquisitions or buybacks, and manageable GBP exposure.
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