5 days ago
CI&T (CINT) Gets a Buy from J.P. Morgan
J.P. Morgan analyst Puneet Jain maintained a Buy rating on CI&T on August 14 and set a price target of $8.00. The company's shares closed yesterday at $5.26.
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Jain covers the Technology sector, focusing on stocks such as CI&T, Exlservice Holdings, and Genpact. According to TipRanks, Jain has an average return of -13.4% and a 28.57% success rate on recommended stocks.
CI&T has an analyst consensus of Moderate Buy, with a price target consensus of $7.66, implying a 45.63% upside from current levels. In a report released on August 13, Canaccord Genuity also maintained a Buy rating on the stock with a $8.00 price target.
Based on CI&T's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $110.88 million and a net profit of $7.45 million. In comparison, last year the company earned a revenue of $523.51 million and had a net profit of $22.41 million
