Genpact Ltd. (G) PT Raised to $55 at Mizuho

Mizuho analyst Dan Dolev raised the price target on Genpact Ltd. (NYSE: G) to $55.00 (from $45.00) while maintaining a Neutral rating.

The analyst commented: "G delivered both strong 4Q24 results and FY25 guidance on the top and bottom lines. The more positive outlook was primarily due to better-than-expected Digital Operations revenue growth, as well as management's execution of its "3+1" strategy, specifically expanding tech partnerships and focus on GenAI.

While we're encouraged by the increasing execution and progress on GenAI, the company's still-high exposure to traditional BPO remains a concern over the medium-term. We are raising our 2025/2026 revenue and adj. EPS estimates, resulting in our higher price target of $55 ($45 prior). Reiterate Neutral."

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