WNS (Holdings) Ltd (NYSE: WNS) saw its stock soar by 5.75% in pre-market trading on Monday, January 27, 2025, as the company's strategic acquisitions and adoption of generative AI technologies fueled investor optimism.
In a report released today, analyst Sachin Mittal from DBS maintained a Buy rating on WNS with a price target of $66.00. Mittal highlighted the company's strategic acquisitions and leveraging of generative AI capabilities as key factors driving growth amidst macroeconomic challenges.
WNS, a leading provider of business process management services, has been actively pursuing acquisitions to expand its offerings and enhance its competitive edge. Additionally, the company's focus on integrating generative AI into its operations has positioned it to deliver more efficient and innovative solutions to its clients across various industries.