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Fly News Breaks for December 19, 2016
WNS
Dec 19, 2016 | 09:21 EDT
Needham analyst Mayank Tandon is highlighting WNS Holdings as his top pick for 2017, with healthy demand, share gains, strong execution, and a compelling valuation providing a strong setup for the shares going into the year. Based on the company's ability to ramp large deals at a solid pace and its strong pipeline, which has not been affected by Brexit, the analyst believes there is potential for upside to his estimates. Further, he notes that weakness in the pound has put "undue pressure" on the shares recently. He reiterates a Strong Buy rating and $40 price target on the shares.
News For WNS From the Last 2 Days
WNS
Apr 22, 2024 | 05:24 EDT
Citi analyst Ryan Potter lowered the firm's price target on WNS Holdings to $62 from $80 and keeps a Buy rating on the shares. The analyst continues to have a cautious view toward the enterprise IT spending environment into the Q1 reports with the demand environment relatively unchanged from late 2023. This includes continued pressures on discretionary spend and delayed decision-making as macro, geopolitical, and some industry-specific concerns remain, the analyst tells investors in a research note.