Goldman Sachs Group Inc. (NYSE: GS) Gives Camelot InfoSys (NYSE: CIS) a “Neutral” Rating

Goldman Sachs Group Inc. (NYSE: GS) equities research analysts gave shares of Camelot Information Systems (NYSE: CIS) with a “neutral” rating in a research note to investors on Thursday.

Camelot Information Systems Inc. (Camelot) is a holding company that conducts business, through its operating subsidiaries in China. The Company is a provider of enterprise application services and financial industry information technology (IT) services in China. The Company’s primary service lines include enterprise application services (EAS), which consists of packaged software services for enterprise resource planning (ERP) software packages, and software development and maintenance services, and financial industry IT services (FIS), which primarily consists of software solutions, system support and maintenance, as well as IT consulting services for the financial industry. Camelot provides services to a range of industries, including financial services, resources and energy, manufacturing, automobile and technology. On July 1, 2009, the Company acquired Agree Technology Co., Ltd. In December 2009, it acquired Beijing Tansun Software Technology Co., Ltd.

Shares of CIS traded down 1.73% hitting $15.30 during mid-day trading on Thursday.

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