Virtusa (VRTU) Tops Q4 EPS by 11c
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Needham & Company Cuts Price Target on Virtusa (VRTU) Following 4Q Results and Guidance
May 17, 2016 8:36 AM EDTNeedham & Company maintained a Buy rating on Virtusa (NASDAQ: VRTU), and cut the price target to $45.00 (from $60.00), following the company's 4Q earnings report. 4Q revenue rose 36% Y/Y and 14% Q/Q to $171.9 million, above above the Street's $171.2 million estimate. VRTU posted $0.55 in EPS, above the consensus of $0.44. VRTU... More
