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Syntel, Inc. (SYNT) [hlAlert]

Rating:
Buy SYNT
up 51.32 %

Syntel, Inc. (SYNT) rated Buy with price target $80 by Needham

Posted on: Friday,  Jul 19, 2013  8:25 AM ET by Needham

Needham rated Buy Syntel, Inc. (NASDAQ: SYNT) on 07/19/2013. Previously Needham rated Buy Syntel, Inc. (NASDAQ: SYNT) on 07/14/2011., when
the stock price was $29.46. Since then, Syntel, Inc. has gained 51.32% as of 01/21/2016's recent price of $44.58.
If you would have followed the previous Needham's recommendation on SYNT, you would have gained 51.32% of your investment in 1652 days.

Syntel, Inc. (Syntel) is a provider of information technology and Knowledge Process Outsourcing (KPO) services to Global 2000 companies in the financial services, healthcare, life sciences, insurance, manufacturing, automotive, retail, telecom and other industries. The Company?s service offerings are grouped into four segments: Applications Outsourcing, KPO, e-Business and TeamSourcing. Applications Outsourcing consists of outsourcing services for ongoing management, development and maintenance of business applications. KPO consists of high-value, customized outsourcing solutions. Syntel?s primary KPO focus is in the financial services, healthcare and insurance sectors. e-Business consists of practice areas in Web solutions, Data Warehousing/Business Intelligence, Enterprise Resource Planning (ERP) and Enterprise Applications Integration (EAI) services. TeamSourcing consists of professional Information Technology (IT) consulting services.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2013 8:25 AM Buy
None
36.01 40.00
as of 12/13/2013
1 Week down  -2.84 %
1 Month up  0.61 %
3 Months up  14.76 %
1 YTD up  62.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2013 4:25 PM Buy
None
29.25 34.00
12/4/2012 3:25 PM Buy
None
28.87 32.00
7/14/2011 8:25 AM Buy
None
29.46 35.00

(*) Stock Price at the time of the recommendation.
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