Price Target Raised; Estimates Raised
Sify Technologies (NASDAQ: SIFY) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “Raise Target To $7 (From $6); 2Q:F22 Revenue, EBITDA Beat Our Forecasts; Economic Recovery And Digital Transformation In India Is Driving Strong Demand For Sify’s Services.”
Click here to access the full report.
About Sify Technologies Limited Sponsored ADR
Sify Technologies is India’s most comprehensive ICT services and solutions provider. With cloud at the core of its solutions portfolio, Sify is focused on the changing ICT requirements of the emerging digital economy and the resultant demands from large, mid and small-sized businesses. Sify’s infrastructure comprising the largest MPLS network, top-of-the-line DCs, partnership with global technology majors, vast expertise in business transformation solutions modelled on the cloud make it the first choice of start-ups, incoming enterprises, and even large enterprises on the verge of a revamp. More than 10,000 businesses across multiple verticals have taken advantage of its unassailable trinity of data centers, networks and security services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has a presence across North America, the United Kingdom and Singapore. Please visit www.SifyTechnologies.com.
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.
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