WNS Holdings price target lowered to $82 from $95 at BofA

BofA lowered the firm’s price target on WNS Holdings to $82 from $95 and keeps a Buy rating on the shares following “a rare cut” to annual revenue guidance. While customer-specific issues and a tougher macro environment drive the cut to the forecast, the firm sees a “high probability” of recovery in FY25, the analyst tells investors in a post-earnings note.