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ExlService price target raised to $40 from $35 at Baird

ExlService price target raised to $40 from $35 at Baird

Baird raised the firm’s price target on ExlService to $40 from $35 and keeps a Neutral rating on the shares. The firm expects Q3 revenue/EPS to be mildly above consensus, with 2024 guidance likely narrowed/raised at the low end; ad they view risk/reward as balanced.

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