JP Morgan Downgrades WNS (Hldgs) to Neutral, Maintains Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang has downgraded WNS (Hldgs) from Overweight to Neutral while maintaining the price target at $60.
July 19, 2024 | 1:00 pm
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JP Morgan analyst Tien-Tsin Huang downgraded WNS (Hldgs) from Overweight to Neutral, maintaining the price target at $60. This downgrade may lead to a short-term negative sentiment among investors.
The downgrade from Overweight to Neutral by a major financial institution like JP Morgan typically signals a less optimistic outlook on the stock, which can lead to a short-term decline in investor sentiment and stock price.
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