Needham Maintains Buy on WNS (Hldgs), Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has maintained a 'Buy' rating on WNS (Hldgs) (NYSE:WNS) but lowered the price target from $115 to $80.
October 19, 2023 | 7:34 pm
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NEUTRAL IMPACT
Despite the lowered price target, Needham maintains a 'Buy' rating on WNS (Hldgs), indicating continued confidence in the company's performance.
The lowered price target could potentially cause a short-term negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company's stock, which could balance out the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100