UPDATE: Morgan Stanley Reiterates on Genpact Limited as Risk-Reward is Favorable After Pullback
February 21, 2014 at 08:10 AM EST
In a report published Friday, Morgan Stanley analyst Vipin Khare reiterated an Overweight rating on Genpact Limited (NYSE: G ), but lowered the price target from $21.00 to $18.00. In the report, Morgan Stanley noted, “Large size and low penetration of the global BPO market are positives. Management sounded positive