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Fly News Breaks for October 10, 2018
WNS
Oct 10, 2018 | 08:58 EDT
Loop Capital analyst Joseph Vafi kept his Buy rating and $60 price target on WNS Holdings, saying the company is benefiting from the combination of a " solid macro backdrop, focused verticalization of service offerings, and adoption of new technologies" like cloud and automation. The analyst expects WNS to post "solid" results when it reports Q2 earnings, even though he is lowering his revenue target by about 2% to reflect adverse FX in the quarter.
News For WNS From the Last 2 Days
WNS
Apr 26, 2024 | 09:07 EDT
Barrington lowered the firm's price target on WNS Holdings to $60 from $80 and keeps an Outperform rating on the shares post the Q1 report. Several headwinds temper growth expectations, including a healthcare client that terminated a contract, a large Internet client that is transitioning work from onshore to offshore, and lower client commitments for volumes and projects, the analyst tells investors in a research note. The firm reduced 2025 earnings forecasts.