Market Overview

UPDATE: Morgan Stanley Reiterates On Genpact Limited Following Solid 1Q14 Results

Share:
Related G
Earnings Scheduled For November 2, 2016
10 Biggest Price Target Changes For Wednesday

In a report published Tuesday, Morgan Stanley analyst Vipin Khare reiterated an Equal-Weight rating on Genpact Limited (NYSE: G), but removed the $18.00 price target.

In the report, Morgan Stanley noted, “Genpact reported stronger-than-expected revenues and margins in 1Q. The GE account declined less than guided (-3%yoy). However, net income was in line with expectations. Overall, lack of guidance revisions and EPS upside leaves limited near-term triggers, in our view. Maintain EW.”

Genpact Limited closed on Monday at $16.95.

Latest Ratings for G

DateFirmActionFromTo
Aug 2016Morgan StanleyDowngradesEqual-WeightUnderweight
Aug 2016BMO CapitalDowngradesOutperformMarket Perform
Aug 2016CitigroupMaintainsBuy

View More Analyst Ratings for G
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Vipin KhareAnalyst Color Price Target Analyst Ratings

 

Related Articles (G)

View Comments and Join the Discussion!