Baird initiates coverage on Concentrix with Outperform rating

seekingalpha10-03

Baird initiated coverage on Concentrix (NASDAQ:CNXC) with an Outperform rating on attractive valuation. The analysts believe, the EPS growth could average high-single-digit/low-double-digits over the ...

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The analysts believe, the EPS growth could average high-single-digit/low-double-digits over the ...</p>\n\n<a href=\"https://seekingalpha.com/news/4155949-baird-initiates-coverage-on-concentrix-with-outperform-rating\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baird initiates coverage on Concentrix with Outperform rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaird initiates coverage on Concentrix with Outperform rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-03 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4155949-baird-initiates-coverage-on-concentrix-with-outperform-rating><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baird initiated coverage on Concentrix (NASDAQ:CNXC) with an Outperform rating on attractive valuation. The analysts believe, the EPS growth could average high-single-digit/low-double-digits over the ...</p>\n\n<a href=\"https://seekingalpha.com/news/4155949-baird-initiates-coverage-on-concentrix-with-outperform-rating\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CNXC","symbol_name":"Concentrix Corp","start_time":0,"source_url":"https://seekingalpha.com/news/4155949-baird-initiates-coverage-on-concentrix-with-outperform-rating","article_id":"2472613136","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1317706283/image_1317706283.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472613136","pubTimestamp":1727961393,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Baird initiated coverage on Concentrix (NASDAQ:CNXC) with an Outperform rating on attractive valuation. The analysts believe, the EPS growth could average high-single-digit/low-double-digits over the ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CNXC":"Concentrix Corp"},"translate_title":"Baird首次对Concentrix给予跑赢大盘评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNXC":0.9},"content_text":"Baird initiated coverage on Concentrix (NASDAQ:CNXC) with an Outperform rating on attractive valuation. The analysts believe, the EPS growth could average high-single-digit/low-double-digits over the next five years behind low-single digit revenue growth, modest margin expansion and repurchases. \"We believe scale, global delivery, and full range of design/implementation/automation/agent-based services create a position of strength that could allow steady positive revenue growth along with repurchases after debt paydown,\" Baird said.  Baird added, while GenAI could displace agent interactions, the analysts believe the more complex/longer duration calls likely remain. The analysts have set a price target of $70 for the company. SA quant rates the company at Sell, while SA analysts at Hold. 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