Syntel, Inc. (SYNT) Tops Q4 EPS by 11c, Beats on Revenues; Offers FY18 In-Line EPS Outlook, FY18 Revenue Mid-Point View Above Consensus

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Wells Fargo Upgrades Syntel, Inc. (SYNT) to Market Perform

April 20, 2018 4:36 AM EDT

Wells Fargo upgraded Syntel, Inc. (NASDAQ: SYNT) from Underperform to Market Perform with a price target of $26.00 (from $21.00).

Analyst Ed Caso is incrementally more positive as headwinds abate and believes NT results are biased to the upside which a potentially conservative 2018... More