Sapiens (SPNS) Tops Q3 EPS by 1c

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Go back to Sapiens (SPNS) Tops Q3 EPS by 1c

Roth Capital Downgrades Sapiens International Corp. NV (SPNS) to Neutral

November 5, 2015 7:43 AM EST

Roth Capital downgraded Sapiens International Corp. NV (NASDAQ: SPNS) from Buy to Neutral with a price target of $12.00 (from $13.00).

Analyst Richard Baldry commented, "Sapiens' 3Q15 results were solid, with revenues and EPS moderately above our estimates. However, soft YTD software sales, moderated growth... More