Zacks Investment Research downgraded shares of SYNTEL INC (SYNT) from OUTPERFORM to NEUTRAL on October 08, 2012, with a target price of $68.20.
Syntel is a worldwide provider of advanced technology services to Fortune 1000 companies, as well as to government entities. Their service offerings are grouped into three segments: e-Business, Application Outsourcing, and Teamsourcing. E-Business consists of practice areas in Web Solutions, Customer Relationship Management, Data Warehousing/Business Intelligence, and Enterprise Application Outsourcing services.
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