Oppenheimer Starts iSoftStone Holdings (ISS) at Outperform

January 10, 2012 7:10 AM EST
Get Alerts ISS Hot Sheet
Price: $5.63 --0%

Rating Summary:
    7 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Oppenheimer initiates coverage on iSoftStone Holdings (NYSE: ISS) with a Outperform. PT $13.00.

The firm comments, "By continuing to broaden its offerings, penetrating new verticals and geographies, expanding its customer base and "share of wallet," ISS has maintained the fastest revenue CAGR among the four U.S.-listed Chinese IT services vendors since 2007, and in our view, appears poised to continue its spectacular ascend in coming years."

For an analyst ratings summary and ratings history on iSoftStone Holdings click here. For more ratings news on iSoftStone Holdings click here.

Shares of iSoftStone Holdings closed at $9.07 yesterday.


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