VanceInfo Technologies

JP Morgan has lowered the price target on VanceInfo Technologies (NYSE: VIT) from $42 to $38 and maintains its Overweight rating.

Citigroup has published a research report on VanceInfo Technologies (NYSE: VIT) after the company reported a solid 4Q with estimates coming in above consensus. In the report, Citigroup writes "We view FY2011 guidance of 28% top-line growth as conservative and would not be surprised if VIT revises...

J.P. Morgan is out with its report today on VanceInfo Technologies (NYSE: VIT), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Remain Overweight on VIT with Dec-11 price target of US$42 (unchanged), which implies 45.2x our FY11 and 36.0x FY12 diluted adjusted EPS estimates. We...

According to Deutsche Bank, VanceInfo Technologies' (NYSE: VIT) 4Q headline result beat DB/Street estimates as well as management guidance. Deutsche Bank reported a new Fy11 revenue guidance of “at least” $270m, which translates to +28% YoY growth. “We believe this guidance is consistent with mgmt'...

Jefferies has raised its PT on VanceInfo Technologies (NYSE: VIT) from $44 to $45. VanceInfo Technologies closed Monday at $38.88.

VanceInfo Technologies Inc. (NYSE: VIT), an IT service provider and one of the leading offshore software development companies in China, today closed its previously announced public offering of 2,530,000 American depositary shares (ADSs), including 330,000 ADSs that Citigroup Global Markets Inc. (...

Citi has published a company update on VanceInfo Technologies (NYSE: VIT) following solid 3Q10 results. VIT's top line beat the Street by 3% and non-GAAP ADS came in $0.02 above the street. VIT also raised their full year revenue growth target from $40M to $41M. In a note to clients regarding VIT'...

VanceInfo Technologies, Inc. (NYSE: VIT) indicates a 2Q on point with robust Chinese IT services demand for both domestic and multinational customers, according to Jefferies & Company, and can post accelerating y/y growth for 2010. VIT will report 2Q EPS on Tuesday, August 17th, and Jefferies...

In light of the fallout from the reports by Google (Nasdaq: GOOG) and several other companies that they were the targets of Chinese based cyber attacks and that, at least in Google's case, the attackers may have had help from Google employees in China, analysts at Kaufman Bros. reviewed whether or...