Sapiens Int'l (SPNS) Tops Q1 EPS by 1c

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Sapiens (SPNS) Price Target Raised to $11 at Needham & Company

May 6, 2015 3:42 PM EDT

Needham & Company analyst Mayank Tandon reiterated a Buy rating and bumped his price target on Sapiens International Corp. NV (NASDAQ: SPNS to $11.00 (from $10.00)

Tandon commented, "Sapiens started FY15 on a positive note despite facing currency-related headwinds. Revenue came in a shade light, primarily because of a negative currency... More