Baird Maintains Outperform Rating for TaskUs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Baird has maintained its Outperform rating for TaskUs (NASDAQ:TASK) but lowered its price target from $14.00 to $12.00. TaskUs shares are currently trading down 1.06% at $9.32 per share. A move to $12.00 would represent a 28.76% increase from the current share price.
September 13, 2023 | 5:00 pm
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Baird has maintained its Outperform rating for TaskUs but lowered its price target. This could potentially lead to an increase in the stock price if the market reacts positively to the Outperform rating.
Baird's decision to maintain an Outperform rating for TaskUs indicates a positive outlook for the company. However, the lowering of the price target may reflect some concerns. If investors focus on the Outperform rating, this could drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100