WNS Holdings price target raised to $60 from $55 at JPMorgan

JPMorgan raised the firm’s price target on WNS Holdings to $60 from $55 and keeps an Overweight rating on the shares ahead of the fiscal Q1 report. The analyst expects growth improvement for the rest of the year and potential for upside to company’s fiscal year guidance. WNS’s outlook conservatively allows for slight deterioration in volume and discretionary trends, and doesn’t include meaningful contribution from the eight large deals in the pipeline that are in advanced stages, the analyst tells investors in a research note.