The maintenance of an Underperform rating suggests that B of A Securities analyst Cassie Chan views TaskUs's stock as likely to underperform the market or its sector. The increase in price target from $11 to $12 indicates a slight improvement in the expected performance of the stock, but the Underperform rating still implies a bearish outlook. This could lead to a negative short-term impact on TaskUs's stock price as investors may perceive this as a lack of confidence in the company's near-term growth prospects.