Market Overview

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

Share:
Related WNS
The Market In 5 Minutes
Benzinga's Top Upgrades, Downgrades For June 14, 2017

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
Oct 2017CitigroupMaintainsBuy
Aug 2017WedbushInitiates Coverage OnOutperform
Jul 2017CitigroupMaintainsBuy

View More Analyst Ratings for WNS
View the Latest Analyst Ratings

Posted-In: JP MorganAnalyst Color Upgrades Intraday Update Analyst Ratings

 

Related Articles (WNS)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...