Teleperformance: stock boosted by broker's comments
(CercleFinance.com) - The Teleperformance share is up over 1% on Monday morning, therefore outperforming the CAC40 (+0.
2% at 11:15), boosted by Credit Suisse, which reaffirms its "outperform" rationg on the contact center group's share, having raised its corresponding target price from 260 euros to 270 euros.
"Teleperformance will continue to grow its market share, benefit from outsourcing penetration and experience margin expansion from the adoption of more permanent working from home practices," said the broker, even though it has cut its EPS estimates by 2%-4%.
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