Susquehanna Initiates Coverage on TeleTech Holdings (TTEC) with a Neutral
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Susquehanna initiates coverage on TeleTech Holdings (Nasdaq: TTEC) with a Neutral.
Susquehanna analyst says, "We believe TTEC offers investors a reasonably de-risked business process outsourcing model, with relatively low levels of customer concentration and high levels of geographic diversification. Robust revenue growth has accrued to the company as it penetrates International BPO geographies, and the stock is attractively valued. However, we are concerned that the business will require more capital intensity to maintain growth."
TeleTech Holdings, Inc. is a global provider of onshore, offshore and work-from-home business process outsourcing (BPO) services with a customer management focus.
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