Goldman Sachs On SAPE Growth

Goldman Sachs has issued a report on the growth the Sapient SAPE. According to Goldman Sachs, “SAPE remains one of our top secular growth recommendations benefiting from the twin waves of interactive marketing initiatives and financial services tech spend to address recent regulatory reform. Together, we expect these drivers to underpin robust average revenue growth of 27% through 2013, and faster 30%+ earnings growth on modest margin expansion.” SAPE is Buy Rated and has a $15 Price Target. SAPE closed at $12.05 a share yesterday.