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Fly News Breaks for January 28, 2019
WNS
Jan 28, 2019 | 06:34 EDT
Loop Capital analyst Joseph Vafi kept his Buy rating and $65 price target on WNS Holdings after his discussion with its head of sourcing practice, saying the company's Denali acquisition two years ago has yielded multiple benefits. The analyst points to the company's higher-growth, higher-margin revenue stream, decoupling revenue and headcount growth, differentiation in F&A function, and mutual cross-selling opportunities.
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