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Enter Symbol:
Igate Corporation (IGTE) [hlAlert]

up 497.98 %

Igate Corporation (IGTE) rated Buy with price target $10 by Needham & Co

Posted on: Thursday,  Feb 21, 2008  9:25 AM ET by Needham

Needham rated Buy Igate Corporation (NASDAQ: IGTE) on 02/21/2008, when the stock price was $7.96. Since
then, Igate Corporation has gained 497.99% as of 07/01/2015's recent price of $47.60.
If you would have followed this Needham's recommendation on IGTE, you would have gained 497.98% of your investment in 2687 days.

iGATE Corporation (iGATE) is a provider of information technology (IT) and IT-enabled operations offshore outsourcing services to large and medium-sized organizations. iGATE provides end-to-end business solutions that leverage technology thus enabling its clients to enhance business performance. These services include client/server design and development, conversion/migration services, offshore outsourcing, enterprise resource planning (ERP) package implementation and integration services, software development and applications maintenance outsourcing. As of June 30, 2008, the Company?s operating segments are iGATE Solutions (iGS), iGATE Professional Services (iPS) and iGATE Shared Services (iSS).

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
7/14/2011 8:25 AM Buy
16.99 23.00
as of 12/24/2008
1 Week up  13.43 %
1 Month up  22.22 %
3 Months down  -25.61 %
1 YTD down  -44.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2009 11:25 AM Buy
7.05 9.00
8/12/2008 9:25 AM Hold
7/18/2008 11:25 AM Buy
7.30 11.00
2/21/2008 9:25 AM Buy
7.96 10.00

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