Barrington Maintains Their Buy Rating on Exlservice Holdings


In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Exlservice Holdings (NASDAQ: EXLS), with a price target of $70. The company’s shares closed yesterday at $61.57.

Colicchio noted:

“We remain upbeat on EXL given its strong ability to help clients transform their operations with lower cost labor and technology.”

According to TipRanks.com, Colicchio is a 4-star analyst with an average return of 8.1% and a 65.3% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Convergys Corp, and Computer Task.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Exlservice Holdings with a $68.50 average price target, implying an 11.3% upside from current levels. In a report issued on July 11, Cantor Fitzgerald also maintained a Buy rating on the stock with a $71 price target.

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The company has a one-year high of $64.34 and a one-year low of $52.50. Currently, Exlservice Holdings has an average volume of 142.4K.

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ExlService Holdings, Inc. is an operations management and analytics company, which engagegs in the provision of business process management. It operates through the following segments: Insurance; Healthcare; Travel, Transportation, and Logistics; Finance and Accounting; Analytics; and All Other.

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