Zacks Investment Research upgraded shares of HISOFT TECH-ADR (HSFT) from NEUTRAL to OUTPERFORM on August 14, 2012, with a target price of $12.30.
HiSoft Technology International Limited is a China-based provider of outsourced information technology and research and development services. The Company provides its services to companies around the world through a combination of onshore and offshore delivery capabilities. Its services include Enterprise Application Services (Application Development and Maintenance Services, Quality Assurance Services, Embedded System Services), Packaged Solutions Services (Siebel Consulting and Support Services, Oracle ERP Consulting and Support Services), Product Engineering Services (Quality Assurance Services, Globalization and Localization Services), and Technology Solutions Services (Staff Augmentation Services). The Company offers its services to firms in the Software, Hardware, Telecom, Financial Services, Pharmaceutical and Manufacturing sectors. HiSoft Technology International Limited is based in Dalian, the People's Republic of China.
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