iGate Corp (IGTE) Misses Q4 EPS by 3c

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Needham & Company Pounds the Table on iGATE (IGTE) Amid 25% Sell-Off

January 22, 2015 10:34 AM EST

Shaersof iGATE (NASDAQ: IGTE) sank over 20% since reporting earnings on Tuesday and now analysts at Needham & Company are out defending the stock, saying the sell offer is "way overdone."

Analyst Mayank Tandon commented, "We are recommending small-cap Value/GARP accounts BUY IGATE on the recent pull back. We believe the... More