WNS Holdings price target raised to $85 from $80 at Needham

Needham raised the firm’s price target on WNS Holdings to $85 from $80 and keeps a Buy rating on the shares. The analyst cites the company’s Q3 earnings beat, with “good execution” that is helping to offset some near-term macro challenges. WNS shares are also trading at an ex-cash price to earnings multiple of 12.5-times expected FY26 estimate, which is “well below historical levels” for the stock, making risk-reward favorable for GARP investors, Needham tells investors in a research note.