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Needham & Company Reinstates Exlservice (EXLS) at Buy

August 5, 2011 10:07 AM EDT
Get Alerts EXLS Hot Sheet
Price: $28.59 -1.48%

Rating Summary:
    9 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 6 | New: 39
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Needham & Company reinstates coverage on Exlservice (NASDAQ: EXLS) with a Buy. PT $32.00.

The firm comments, "We are reinstating coverage of ExlService (EXLS) with a BUY rating a 12 month price target of $32. With strong domain and vertical capabilities, we believe EXLS is a high quality and differentiated asset and is well positioned to capitalize on the large offshore BPO services opportunity."

For more ratings news on Exlservice click here and for the rating history of Exlservice click here.

Shares of Exlservice closed at $25.89 yesterday.


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