Wall Street Analysts Think ExlService Holdings (EXLS) Could Surge 28.61%: Read This Before Placing a Bet

Group 1 - ExlService Holdings (EXLS) shares have increased by 2.8% in the past four weeks, closing at $42.54, with a mean price target of $54.71 indicating a potential upside of 28.6% [1] - The average price targets from analysts range from a low of $52.00 to a high of $56.00, with a standard deviation of $1.5, suggesting a relatively high agreement among analysts regarding the stock's price movement [2][9] - Analysts are optimistic about EXLS's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [4][11] Group 2 - The Zacks Consensus Estimate for EXLS's current year earnings has increased by 3.9% over the past month, with six estimates revised upward and no negative revisions [12] - EXLS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential for upside in the near term [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]