B of A Securities Upgrades TaskUs to Neutral, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded TaskUs (NASDAQ:TASK) from Underperform to Neutral and raised the price target from $12 to $18.
July 22, 2024 | 4:49 pm
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B of A Securities has upgraded TaskUs from Underperform to Neutral and increased the price target from $12 to $18, indicating improved confidence in the company's performance.
The upgrade from Underperform to Neutral and the significant increase in the price target from $12 to $18 by B of A Securities suggests a positive reassessment of TaskUs's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100