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Genpact price target lowered to $50 from $53 at Needham

Needham analyst Mayank Tandon lowered the firm’s price target on Genpact (G) to $50 from $53 and keeps a Buy rating on the shares. The company posted solid Q4 results, beating estimates on the top and bottom line, driven primarily by its Advanced Technology Solutions segment, the analyst tells investors in a research note.

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