TTEC Holdings price target lowered to $25 from $30 at Northland

Northland analyst Michael Latimore lowered the firm’s price target on TTEC Holdings to $25 from $30 and keeps an Outperform rating on the shares. TTEC’s Q4 was “basically inline,” but guidance was light given headwinds on the Engage business, whose customers are unsure about economic trends and are not planning out as far as normal, the analyst tells investors.