Goldman Sachs Maintains Buy on TDCX, Lowers Price Target to $12.4
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has reaffirmed its Buy rating on TDCX (NYSE:TDCX) but has reduced the price target from $13.8 to $12.4.

November 30, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on TDCX but lowers the price target to $12.4, indicating a potential upside but with caution.
While the reduction in price target typically suggests a less optimistic view of the stock's future performance, the maintenance of a Buy rating indicates that Goldman Sachs still sees TDCX as a good investment. The lowered price target may reflect adjustments in market conditions or company valuation that suggest a slightly lower but still positive growth trajectory. Investors may react cautiously to the new price target, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100