Goldman Sachs Starts TaskUs, Inc (TASK) at Buy

Goldman Sachs analyst Matthew O\'Neill initiates coverage on TaskUs, Inc (NASDAQ: TASK) with a Buy rating and a price target of $61.00.

The analyst comments "TaskUs is a fast growing business process outsourcing company that helps high-growth digital companies scale their operations and focus on their core businesses. TaskUs provides digital services to clients, and as TaskUs continues to expand wallet share with high growing customers, we believe there is potential, given its historically high net retention rate, for it to grow above the consensus growth rates of its clients. As a result, we believe TaskUs is poised to benefit from the shift towards a digital economy as content, services, and business processes modernize."

For an analyst ratings summary and ratings history on TaskUs, Inc click here. For more ratings news on TaskUs, Inc click here.

Shares of TaskUs, Inc closed at $32.39 yesterday.

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