EXLSERVICE HLDG (EXLS) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of EXLSERVICE HLDG (EXLS) from OUTPERFORM to NEUTRAL on November 16, 2012, with a target price of $32.00.

EXLSERVICE HOLDINGS,INC., is a leading provider of offshore Business Process Outsourcing solutions to the Global 1000. EXL is an organization that strives to build lasting relationships with its clients based on consistent high-quality service delivery, trust, and confidence that is unparalleled in the BPO industry today. EXL specializes in providing BPO services to the Banking, Financial Services, Insurance, and Utilities industry verticals.

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