Syntel (SYNT) Shares on Watch Following Cautious Report

September 6, 2016 9:54 AM EDT

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Syntel, Inc. (NASDAQ: SYNT) was in focus following a cautious report Friday from Pacific Square Research. The report highlighted "accounting issues," as well as "deteriorating industry fundamentals," according to one trader. In his view, these concerns could continue to put pressure on the stock.

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