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Fly News Breaks for January 19, 2018
WNS
Jan 19, 2018 | 06:17 EDT
Loop Capital analyst Joseph Vafi raised his price target on WNS Holdings to $50 after a Q3 earnings beat and raised outlook for FY18. The analyst says the company is becoming a "top-tier consistent performer", with another quarter that was driven by new logo wins and current customer expansion. Vafi adds that while some of the upside in the most recent quarter was due to a delayed contract ramp down, the expansion scope of existing business underscores the long-term momentum for WNS Holdings. The analyst keeps his Buy rating on the stock.
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