ExlService (EXLS) Initiated with Outperform by Oppenheimer

ExlService (EXLS) has been initiated today with a Outperform rating by the research analysts at Oppenheimer.  The firm has also placed a price target of $29 dollars on the company.

ExlService is slated to release their next earnings report on August 4, 2011.  The company is currently trading above its 50 & 200-day moving averages.  The yearly high for Genpact is $24.75 with the low being $15.96 per share.  Gentech has a market cap of $701,000,000 with 29,561,000 shares outstanding.  Additionally, the company is trading at an overall gain for 2011.

ExlService (EXLS) is a provider of outsourcing and transformation services.  Their outsourcing services provide front-, middle- and back-office process outsourcing services for mostly U.S.-based and U.K.-based clients. Outsourcing services involve the transfer to them of select business operations of a client, such as claims processing, finance and accounting and customer service. ExlService also offers a number of transformation service offerings that include decision analytics, risk and financial management, and operations.

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