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Pactera Technology International Ltd. Ads Wi (PACT) [hlAlert]

Rating:
Buy HSFT
down 39.15 %

Hisoft Technology International (HSFT) rated Buy with price target $31 by Deutsche Bank

Posted on: Wednesday,  Mar 2, 2011  2:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Pactera Technology International Ltd. Ads Wi (NASDAQ: PACT) on 03/02/2011. Previously Deutsche Bank rated Buy Pactera Technology International Ltd. Ads Wi
(NASDAQ: PACT) on 08/09/2010., when the stock price was $11.90. Since then, Pactera Technology International Ltd. Ads Wi has lost 39.16% as of 03/27/2014's recent price of $7.24.
If you would have followed the previous Deutsche Bank's recommendation on PACT, you would have lost 39.15% of your investment in 1326 days.

HiSoft Technology International Limited (HiSoft International) is a holding company. The Company is a China-based provider of outsourced information technology (IT) and research and development services, primarily for companies in the United States and Japan. The Company?s two service lines consist of IT services and research and development services. Its IT services include application development, testing and maintenance services for custom applications, as well as implementation and support services for packaged software. Its research and development services include software and hardware testing, as well as software globalization services. The Company focuses primarily on clients in the technology industry and the banking, financial services and insurance (BFSI) industry. As of June 30, 2010, it had eight delivery centers of which seven were in China, located in Beijing, Chengdu, Dalian, Guangzhou, Shanghai, Shenzhen and Wuxi, and one was in Singapore.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2011 2:25 PM Buy
None
20.56 31.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2010 2:25 PM Buy
None
26.40 28.00
8/20/2010 2:25 PM Buy
None
15.80 18.00
8/9/2010 2:25 PM Buy
None
11.90 15.00

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