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TTEC Holdings downgraded to Market Perform from Outperform at Barrington
The Fly

TTEC Holdings downgraded to Market Perform from Outperform at Barrington

Barrington downgraded TTEC Holdings to Market Perform from Outperform without a price target. The firm cites the pushout of a demand recovery beyond 2024, its expectation of share losses in 2024, and valuation considerations for the downgrade. The firm expects the shares to trade within a narrow trading range after its financial guidance disappointed.

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