Startek, Inc. (SRT) Misses Q1 EPS by 19c

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Lake Street Capital Markets Downgrades StarTek (SRT) to Hold

May 12, 2015 11:00 AM EDT

Lake Street Capital Markets downgraded StarTek (NYSE: SRT) from Buy to Hold with a price target of $8.00 (from $10.00). Analyst Matt Blazei pointed to disappointing Q1 results and reduced volumes from its largest client.

"We believe the stock could remain range-bound for the... More