ExlService (EXLS) Tops Q3 EPS by 24c

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Exlservice (EXLS) PT Raised to $130 at Cowen

November 2, 2021 5:19 PM EDT

Cowen analyst Bryan Bergin raised the price target on Exlservice (NASDAQ: EXLS) to $130.00 (from $114.00) while maintaining a Market Perform rating.

The analyst commented, "EXL's improvement in cost execution and the demand recovery have progressed in tandem, yielding outsized 2021 performance as... More

Exlservice (EXLS) PT Raised to $145 at Stifel

November 2, 2021 3:46 PM EDT

Stifel analyst David Grossman raised the price target on Exlservice (NASDAQ: EXLS) to $145.00 (from $128.00) while maintaining a Buy rating.

The analyst commented, "3Q results exceeded guidance/consensus and 4Q21 guidance increased. Normalized for easy compares, revenue growth increased 70bp sequentially to 8.5%, more in-line... More

ExlService (EXLS) Announces $300M Share Buyback

November 2, 2021 6:00 AM EDT

ExlService Holdings, Inc. (NASDAQ: EXLS), a leading global analytics and digital solutions company, today announced that its Board of Directors has authorized a $300 million common stock repurchase program, effective as of January 1, 2022. The current buyback program previously announced on December 13, 2019, for the repurchase of up to $200 million of common stock, will be terminated as of December 31, 2021. As of September 30, 2021, approximately $162 million has been repurchased under that plan.

The shares may be purchased by the Company on the open market and through private transactions as determined by the Companys management as market conditions... More