WNS Holdings price target raised to $80 from $65 at Barrington

Barrington analyst Vincent Colicchio raised the firm’s price target on WNS Holdings to $80 from $65 and keeps an Outperform rating on the shares. The company’s board has given approval for the company to terminate its American depositary share program, exchange existing outstanding ADS for its ordinary shares, and apply for the ordinary shares to be listed on the NYSE, which should improve liquidity, the analyst tells investors in a research note. The firm says better revenue growth is expected in fiscal 2025.