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RBC Capital Reaffirms Their Hold Rating on IBEX (IBEX)

Tipranks - Tipranks - Tue Feb 10, 7:46PM CST

RBC Capital analyst Daniel Perlin maintained a Hold rating on IBEX on February 6 and set a price target of $40.00. The company’s shares closed yesterday at $34.98.

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According to TipRanks, Perlin is an analyst with an average return of -11.7% and a 33.53% success rate. Perlin covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Block, and Wealthfront Corporation.

Currently, the analyst consensus on IBEX is a Hold with an average price target of $41.00, which is a 17.21% upside from current levels. In a report released on February 6, TipRanks – xAI also downgraded the stock to a Hold with a $37.00 price target.

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Based on IBEX’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $164.22 million and a net profit of $12.22 million. In comparison, last year the company earned a revenue of $140.68 million and had a net profit of $9.27 million

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