By: Benzinga
UPDATE: Citigroup Downgrades Sapient Corporation to Neutral on Soft 2013 Outlook
Citigroup downgraded Sapient Corporation (NASDAQ: SAPE ) from Buy to Neutral and maintained a $13.00 price target. Citigroup noted, "Revenue was modestly ahead of expectations and guidance. However, margins missed guidance. This was attributed to lower than expected employee turnover. … Our Buy rating has been predicated on two
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