DB's Tech Conference Highlights

Deutsche Bank writes “last week we hosted 10 companies within our Computer Services and IT Consulting sector at DB's Tech Conference. [We] summarize our key takeaways for each company in this week's Foxhunt. While some of the stocks in the coverage universe have priced in an improving end-demand picture, [we] still see upside over the next 12 months in a number of our names and highlight the following tickers as providing attractive upside relative to current price targets: LFT (18%), ACN (16%), G (16%), EXLS (9%), CTSH (9%).”

Companies featured at the conference were:

Accenture (NYSE: ACN), $41.55 Buy
Advent Software (NASDAQ: ADVS), $53.58 Hold
Cognizant (NASDAQ: CTSH), $64.19 Buy
EXLService (NASDAQ: EXLS), $19.95 Buy
Fiserv (NASDAQ: FISV), $54.27 Hold
Genpact (NYSE: G), $17.25 Buy
ISG (NASDAQ: III), $1.40 Buy
Jack Henry (NASDAQ: JKHY), $26.05 Hold
Longtop Financial Technology (NYSE: LFT), $37.55 Buy
Syntel Inc (NASDAQ: SYNT), $43.49 Hold
WNS Holdings Ltd (NYSE: WNS), $9.10 Hold

Top picks include:

Accenture (NYSE: ACN), $41.55 Buy
Cognizant (NASDAQ: CTSH), $64.19 Buy
EXLService (NASDAQ: EXLS), $19.95 Buy
Genpact (NYSE: G), $17.25 Buy
Longtop Financial Technology (NYSE: LFT), $37.55 Buy