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JP Morgan Lowers PT On SYNT To $60

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JP Morgan has issued a report lowering the Price Target on Syntel (NASDAQ: SYNT) from $64 to $60 a share.

According to the report, "We remain OW longer term given the company's attractive revenue growth profile and our view that longer-term margins could stay around 20% (excl. FX), but we're incrementally cautious."

SYNT has an Overweight Rating and closed at $56.61 a share yesterday.

Posted-In: JP MorganAnalyst Color Price Target Analyst Ratings

 

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