Syntel, Inc. (SYNT) Tops Q1 EPS by 14c; Issues Light FY14 Profit Outlook

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Noble Financial Remains Positive on Syntel (SYNT) Following Strong Q1 Results, Outlook

April 17, 2014 10:50 AM EDT

Noble Financial maintains Syntel, Inc. (Nasdaq: SYNT) at Buy with a target price of $109 following Q1 results.

Ahead of the bell, Syntel posted Q1 EPS of $1.39, topping the firm's estimate of $1.20 and the Street at $1.25. Revs growth of 16 percent was 1 point ahead of... More