Berenberg Starts WNS Limited (WNS) at Buy
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Berenberg analyst Sam England initiates coverage on WNS Limited (NYSE: WNS) with a Buy rating and a price target of $72.00.
The analyst commented, "While we believe there is still a perception of business process outsourcing as being people intensive, companies such as WNS are increasingly using technology solutions to create increasing value for clients. We believe this will help WNS develop deeper customer relationships and more favourable pricing, driving revenue growth."
Shares of WNS Limited closed at $59.85 yesterday.
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