Oppenheimer Starts HiSoft Technology International (HSFT) at Outperform

Oppenheimer initiates coverage on HiSoft Technology International (NASDAQ: HSFT) with a Outperform. PT $14.00.

The firm comments, "By continuing to broaden its services capabilities, expanding its customer base and its "share of wallet" with existing clients, penetrating new verticals, and increasing its domestic focus, we believe HSFT is well positioned to participate in the rapid growth of China-based offshore IT services market as well as the emerging domestic IT outsourcing market."

For an analyst ratings summary and ratings history on HiSoft Technology International click here. For more ratings news on HiSoft Technology International click here.

Shares of HiSoft Technology International closed at $10.00 yesterday.

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