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UPDATE: JP Morgan Upgrades WNS Holdings Limited to Neutral on Restructuring Results

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Earnings Scheduled For July 14, 2016
Benzinga's Top Upgrades

JP Morgan upgraded WNS Holdings Limited (NYSE: WNS) from Underweight to Neutral with a reiterated $12 price target.

JP Morgan said, "We upgrade WNS from Underweight to Neutral as we believe management's drawnout restructuring efforts could be finally bearing fruit in terms of an improving growth profile that we expect could hit double digits by year-end. Moreover, the company's bookings and pipeline remain healthy, in our view. WNS won a large contract in F1Q and expects to win at least one more such contract over the near term, which should drive next year's growth rate closer to its peers (in low to midteens)."

WNS Holdings Limited closed at $10.19 on Friday.

Latest Ratings for WNS

DateFirmActionFromTo
Sep 2016BairdMaintainsOutperform
Aug 2016SunTrust Robinson HumphreyUpgradesNeutralBuy
Jul 2016Cowen & CompanyInitiates Coverage onMarket Perform

View More Analyst Ratings for WNS
View the Latest Analyst Ratings

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