TaskUs, Inc. (TASK) Tops Q2 EPS by 5c, Guidance Misses

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Go back to TaskUs, Inc. (TASK) Tops Q2 EPS by 5c, Guidance Misses

TaskUs (TASK) Downgraded as 'Meaningful Headwinds Ahead' - Goldman Sachs

August 10, 2022 1:16 PM EDT

TaskUs, Inc. (NASDAQ: TASK) was downgraded to Neutral from Buy at Goldman Sachs on Wednesday, with its price target lowered to $24 from $26.

Analyst Brian Essex said the firm is moving to the sidelines with meaningful headwinds ahead.

'TASK reported healthy growth for 2Q with better-than-expected revenue and profitability. However, management guided 3Q revenue growth under expectations (8%... More