Goldman Sachs Downgrades Pitney Bowes (PBI) to Sell, Adjusted Targets In IT Services
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Goldman Sachs adjusted estimates and price target for several IT Services stocks. As part of the call, the firm downgraded Pitney Bowes Inc. (NYSE: PBI) from Neutral to Sell and lowered their price target from $25 to $24.
Exlservice Holdings, Inc. (EXLS) price target from $15 to $16 (Neutral)
Sapient Corp. (SAPE) price target from $8 to $8.50 (Neutral)
WNS (Holdings) Ltd. (WNS) price target from $15 to $17 (Neutral)
Global Payments Inc. (GPN) price target from $46 to $50. (Neutral)
The firm started coverage on Fidelity National Information Svcs (NYSE: FIS) with a Neutral and $28 price target.
The firm's top ideas in Consulting and Outsourcing remains Conviction Buy List-rated Accenture plc (NYSE:ACN) and Buy-rated Cognizant Technology Solutions Corp. (Nasdaq: CTSH).
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