BofA lowered the firm’s price target on TTEC Holdings to $5 from $7.50 on Friday, while keeping a Neutral rating on the shares. The firm notes shares are down significantly as Q2 missed expectations, while 2024 guidance was cut materially as 2024 continues to be a transition year, with limited longer-term visibility on earnings power.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTEC:
Questions or Comments about the article? Write to editor@tipranks.com