TaskUs price target raised to $16 from $15 at Citi

Citi analyst Ryan Potter raised the firm’s price target on TaskUs to $16 from $15 and keeps a Buy rating on the shares. The company reported a solid Q4 beat and provided sales outlooks that exceeded expectations, the analyst tells investors in a research note. The firm says TaskUs continued to prove out its strong near-term visibility and with continued sales momentum and many of the large client headwinds now largely behind.