Alight up after naming new CEO
Updates
** Shares of U.S. benefits services provider Alight ALIT.N up 1.5%to $7.3, at a near one-month high
** ALIT names Dave Guilmette as CEO, replacing Stephan Scholl who had stepped down in August, when co reported its Q2 results
** Departing CEO Scholl will also step down from the board of directors
** In May, ALIT appointed Guilmette as independent director to its board
** In Feb 2024, Reuters reported activist hedge fund Starboard Value built a 7.8% stake in co in a push for changes
** Of nine analysts tracking ALIT, eight rate "buy" or higher, while one rates "hold"; median PT at $10.5 - LSEG data
** ALIT is down 16.1% YTD
Reporting by Pranav Kashyap in Bengaluru
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