ExlService price target lowered to $39 from $45 at TD Cowen
TD Cowen analyst Bryan Bergin lowered the firm's price target on ExlService to $39 from $45 and keeps a Buy rating on the shares. The firm updated its model ahead of the upcoming earnings season where they said a mid-year reset is anticipated for many in the sector as downstream impacts from elongated geopol uncertainty present downside risk to C2H estimates.
TD Cowen analyst Bryan Bergin lowered the firm's price target on ExlService to $39 from $45 and keeps a Buy rating on the shares.
The firm updated its model ahead of the upcoming earnings season where they said a mid-year reset is anticipated for many in the sector as downstream impacts from elongated geopol uncertainty present downside risk to C2H estimates.