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UPDATE: Goldman Sachs Upgrades WNS on Potential for Faster Growth

Related WNS
WNS Renews Its Contract With Aviva, 5 Year Agreement
Earnings Scheduled For January 15, 2014

In a report published on Monday, Goldman Sachs analyst Julio C. Quinteros Jr. upgraded WNS (NYSE: WNS) from Neutral to Buy and raised the price target from $15 to $19.

In the report, Goldman Sachs noted, "Following our recent field trip to India we upgrade WNS Holdings to Buy from Neutral as we believe the firm is well positioned to outperform consensus expectations on both the top and bottom lines. After visiting with
numerous IT Services firms in India we believe that Offshore BPO services stand out with lower penetration and faster growth compared with traditional IT offshore models."

At the time of publication, WNS traded at $16.51.

Latest Ratings for WNS

DateFirmActionFromTo
Sep 2014Goldman SachsReinstatesNeutral
Jul 2014JP MorganMaintainsNeutral
Jun 2014NeedhamInitiates Coverage onBuy

View More Analyst Ratings for WNS
View the Latest Analyst Ratings

Posted-In: Goldman Sachs Julio C. Quinteros JrAnalyst Color Upgrades Analyst Ratings

 

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