[May 23, 2012] Upgrade Alert for WNS Holdings (WNS) Tweet May 23, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- WNS Holdings (NYSE:WNS) was upgraded from Neutral to Buy at Janney Montgomery today. The stock closed yesterday at $10.21 on volume of 46,000 shares, below average daily volume of 55,000. WNS Holdings Limited, doing business as WNS Global Services, provides a range of business process outsourcing services, including finance, accounting, customer relationship management, and business administration services. In the past 52 weeks, WNS Holdings share prices have been bracketed by a low of $7.82 and a high of $13.05 and closed yesterday at $10.21, 31% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%. Potential upside of 27.3% exists for WNS Holdings, based on a current level of $10.21 and analysts' average consensus price target of $13.00. The stock should run into initial resistance at its 200-day moving average (MA) of $10.89 and subsequent resistance at its 50-day MA of $11.34. SmarTrend is monitoring the recent change of momentum in WNS Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of WNS Holdings in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]