(CercleFinance.com) – Berenberg initiated coverage of Teleperformance stock on Thursday with a buy recommendation and a price target set at 232 euros.
In a study released in the morning, the German financial intermediary said he perceived, for the call center giant, an opportunity in the difficulty of deploying artificial intelligence systems.
‘The customer relationship management outsourcing market has seen unprecedented growth rates over the past two years,’ the analyst said in his note.
“We expect this strong growth environment to continue to benefit Teleperformance as it becomes increasingly complex to implement new technologies,” he said.
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