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Fly News Breaks for January 18, 2019
WNS
Jan 18, 2019 | 06:53 EDT
Loop Capital analyst Joseph Vafi raised his price target on WNS Holdings to $65 and kept his Buy rating, saying the company is benefiting from "a solid macro backdrop, focused verticalization of service offerings, and increasing appetite for transformational outsourcing deals by the Global 2000." In reporting a better than expected Q3 earnings, the analyst adds that the company's margins remained above those of its peers, driven by the company's "productivity gains and a favorable FX environment."
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