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Genpact price target raised to $51 from $48 at Mizuho

Mizuho analyst Dan Dolev raised the firm’s price target on Genpact (G) to $51 from $48 and keeps a Neutral rating on the shares following the company’s recent investor day meeting, where management provided a medium-term financial framework as well as new key performance indicators to track the company’s progress. The firm was “encouraged” by the greater detail on the company’s go-forward AI strategy, although it remains at Neutral as the firm argues that “it is still early days.”

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