Robert W. Baird analyst David Koning maintained a Buy rating on TaskUs (TASK – Research Report) on January 23 and set a price target of $22.00. The company’s shares closed yesterday at $17.68.
Koning covers the Services sector, focusing on stocks such as Fidelity National Info, Mastercard, and Visa. According to TipRanks, Koning has an average return of 8.3% and a 65.06% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TaskUs with a $24.00 average price target.
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The company has a one-year high of $41.87 and a one-year low of $13.60. Currently, TaskUs has an average volume of 384.8K.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TASK in relation to earlier this year.
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TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.
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