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Concentrix Corp. (CNXC) PT Lowered to $58 at BofA Securities

January 16, 2025 10:44 AM EST

BofA Securities analyst Ruplu Bhattacharya lowered the price target on Concentrix Corp. (NASDAQ: CNXC) to $58.00 (from $70.00) while maintaining a Neutral rating.

The analyst comments "The operating environment remains challenging with a weak macro driving customers to hold back on outsourcing, competitors being aggressive on... More