BofA update shows where active managers are putting money
Investing.com - TD Cowen raised its price target on Genpact Ltd . (NYSE:G) to $55.00 from $53.00 on Friday, while maintaining a Buy rating on the professional services company’s stock. Currently trading at $43.96, Genpact maintains a strong financial health score of "GREAT" according to InvestingPro data.
The price target increase follows Genpact’s Investor Day focused on artificial intelligence, which TD Cowen noted included positive commentary about second-quarter and full-year 2025 performance.
TD Cowen highlighted that Genpact provided a medium-term outlook reflecting higher revenue and EPS growth compared to fiscal year 2026 estimates from Wall Street analysts.
The firm pointed to favorable net impacts from generative AI and agentic adoption, along with Genpact’s proactive strategy that "disrupts its core business paired with an active roadmap."
TD Cowen emphasized that Genpact’s current valuation remains discounted and suggested the company’s AI Day could serve as "the catalyst to restart momentum" in the stock.
In other recent news, Genpact has announced a quarterly cash dividend of $0.17 per share for the second quarter of 2025, payable on June 30 to shareholders on record by June 18. In a strategic move, Genpact has also completed the acquisition of XponentL Data, a firm known for its data products and AI solutions, to bolster its data and AI capabilities. Additionally, Genpact has launched an AI-powered accounts payable suite aimed at improving processing efficiency and accuracy, utilizing Microsoft (NASDAQ:MSFT) Azure’s AI technology. The company recently held an Investor Day in New York to outline its transition to an AI-first, data-led innovation company, detailing its growth model and strategic pivot. Furthermore, Genpact’s shareholders have approved executive pay and elected directors at the annual general meeting, with strong support for the board nominees and the appointment of KPMG as the independent auditor for 2025. These developments highlight Genpact’s commitment to leveraging AI and data to enhance its service offerings and operational efficiency.
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