Citi Maintains Buy On Sapient

Citi Investment Research is out with a research report on Sapient Corp SAPE and is maintaining its Buy rating and slightly adjusting its price target to $17 from $17.25. In a note to clients, Citi Investment Research writes, "Revenues were in-line and margins were better than anticipated. However, placid results masked volatility at the segment level." Shares of SAPE lost 92 cents yesterday to close at $12.94.