Wall Street Zen lowered its rating on TaskUs (NASDAQ:TASK) from "buy" to "hold" on Saturday, October 3rd. The research firm's note reflects a more cautious outlook on the business process outsourcing company's near-term stock performance.
The revised rating aligns with broader market sentiment. The consensus rating for TaskUs from multiple analysts is "Hold." TaskUs recently reported quarterly earnings of $0.33 per share. The company's revenue reached $308.86 million. Both figures surpassed analyst expectations. The average price target among analysts is $9.60.