Canaccord analyst Luke Morison raised the firm’s price target on CI&T to $7 from $6 and keeps a Buy rating on the shares. The firm said its Q4 results once again, gave investors little to complain about. Revenue from its largest customer declined about 1% sequentially but still up 34% year-over-year, but moderating as expected given that pace was partly fueled by a vendor consolidation initiative that was bound to normalize.
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