Syntel Reports Third Quarter 2016 Financial Results
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Go back to Syntel Reports Third Quarter 2016 Financial Results
October 24, 2016 7:17 AM EDT
SunTrust Robinson Humphrey downgraded Syntel, Inc. (NASDAQ: SYNT) from Buy to Hold with a price target of $25.00 (from $32.00).
For an analyst ratings summary and ratings history on Syntel, Inc. click here. For more ratings news on Syntel, Inc. click here.
Shares of Syntel, Inc. closed at $21.38 yesterday.
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October 20, 2016 4:04 PM EDT
Needham & Company reiterated a Buy rating on Syntel, Inc. (NASDAQ: SYNT), and cut the price target to $27.00 (from $48.00), following the company's "weaker than expected" 3Q results. Revenue came in at $241.2 million, down 4.9% Y/Y, and below consensus of $249.9 million. Uncertainty continues to impact spending. Management... More
October 20, 2016 9:43 AM EDT
Syntel, Inc. (NASDAQ: SYNT) noted the following with its quarterly results press release on Thursday:
CFO Appointment
On October 17, 2016, the Board of Directors of Syntel named Anil Agrawal as Chief Financial Officer and Chief Information Security Officer, effective November 1, 2016. Mr. Agrawal,... More
October 20, 2016 8:35 AM EDT
Syntel, Inc. (NASDAQ: SYNT) reported Q3 EPS of ($2.58), $0.01 better than the analyst estimate of ($2.59). Revenue for the quarter came in at $241 million versus the consensus estimate of $249.81 million.
GUIDANCE:
Syntel, Inc. sees FY2016 EPS of ($0.65)-($0.75), versus the consensus of... More
