JP Morgan Maintains Neutral on Genpact, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Genpact (NYSE:G) but raises the price target from $35 to $43.
September 06, 2024 | 5:57 pm
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JP Morgan has maintained a Neutral rating on Genpact but increased the price target from $35 to $43, indicating a more positive outlook.
The increase in the price target from $35 to $43 suggests that JP Morgan sees potential for Genpact's stock to appreciate, despite maintaining a Neutral rating. This could lead to a positive short-term impact on the stock price as investors may interpret the higher price target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100