TTEC Holdings price target lowered to $50 from $60 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on TTEC Holdings to $50 from $60 and keeps a Buy rating on the shares. The firm is a "bit surprised" by the negative reaction seen in the stock afteer the company provided an outlook which takes a measured view on growth in the near-term, a logical perspective in Craig-Hallum’s view.