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TaskUs initiated with an Outperform at Wedbush

Wedbush analyst Michael Piccolo initiated coverage of TaskUs (TASK) with an Outperform rating and $15 price target The firm believes shares represent an attractive risk/reward opportunity. Following the failed take-private transaction, the stock is trading near a multi-year low despite solid operational fundamentals and a strategic transformation underway that counters the risk of AI disruption.

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