Morgan Stanley Sees Compelling Entry Point in TaskUs; Anticipates 30 Percent Upside

Morgan Stanley Sees Compelling Entry Point in TaskUs; Anticipates 30 Percent Upside
The Morgan Stanley sign is seen at their world headquarters on Dec. 19, 2007 in New York City. Stephen Chernin/Getty Images
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Morgan Stanley analyst James Faucette upgraded TaskUs Inc to Overweight from Equal Weight with a price target of $55, up from $37, implying a 29.8 percent upside.

The analyst sees a “compelling entry point” with shares off over 49 percent from the September 2021 highs.