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Canaccord maintains "buy" on Concentrix despite missed earnings, setting a target price of $80.
Canaccord Genuity Group has maintained a "buy" rating on Concentrix (CNXC) with a target price of $80, indicating a 51.08% potential increase from its last close of $52.95.
Despite missing earnings estimates by $0.06 per share and reporting a revenue of $2.42 billion, Concentrix's stock has a "Moderate Buy" consensus rating and an average target price of $66.75.
Bank of America has lowered its price target to $61.00, keeping a neutral rating.
The company also announced a quarterly dividend of $0.3328.
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Canaccord mantiene "comprar" en Concentrix a pesar de las ganancias perdidas, estableciendo un precio objetivo de $ 80.