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iSoftStone Holdings Ltd (ADR) (ISS) [hlAlert]

Rating:
Buy ISS
down 55.31 %

Isoftstone Holdings Ltd. (ISS) upgraded to Buy with price target $21 by UBS

Posted on: Thursday,  Jun 23, 2011  10:25 AM ET by UBS

UBS rated Buy iSoftStone Holdings Ltd (ADR) (NYSE: ISS) on 06/23/2011, when the stock price was $12.60. Since
then, iSoftStone Holdings Ltd (ADR) has lost 55.32% as of 08/29/2014's recent price of $5.63.
If you would have followed this UBS's recommendation on ISS, you would have lost 55.31% of your investment in 1163 days.

iSoftStone Holdings Limited (iSoftStone Holdings) is an information technology (IT) services provider. As of September 30, 2010, the Company focused on serving clients in four industry verticals: technology; communications; banking, financial services and insurance (BFSI), and energy, transportation and public sector. It provides an integrated suite of IT services and solutions, including Consulting & Solutions, IT Services and business process outsourcing (BPO) services. In March 2009, it completed the acquisition of Shenzhen Star Ronghe Science and Technology Co., Ltd. (Shenzhen Star), which is a long-time service provider for Huawei. In October 2010, it completed the acquisition of Ascend Technologies, Inc. (Ascend). In November 2010, it completed the acquisition of Shanghai Kangshi Information Systems Company Limited (Shanghai Kangshi). In August 2011, the Company acquired Adventier Consulting Group, Inc.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2011 10:25 AM Buy
None
12.60 21.00
as of 12/30/2011
1 Week up  7.62 %
1 Month down  -1.35 %
3 Months up  34.82 %
1 YTD down  -30.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/24/2011 12:25 PM Hold
None
19.94 21.00

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