Why I'm Upgrading ExlService To A Strong Buy
Portfolio Pulse from
ExlService Holdings, Inc. has been upgraded to a Strong Buy due to a 28.21% stock price increase since August 2024. The company's Q3 2024 results exceeded expectations, with revenue of $472.07 million and EPS of $0.44. ExlService raised its full-year 2024 guidance, expecting revenue growth of 12-13% and adjusted EPS growth of 13-14%.
November 29, 2024 | 3:00 pm
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ExlService Holdings, Inc. has been upgraded to a Strong Buy due to strong Q3 2024 results and raised full-year guidance, indicating positive future prospects.
The upgrade to a Strong Buy is based on a significant stock price increase and better-than-expected Q3 results. The raised guidance for 2024 further supports a positive outlook, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100