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Fly News Breaks for July 28, 2015
HNT, CTSH
Jul 28, 2015 | 07:10 EDT
Deutsche Bank removed Cognizant (CTSH) as one of its top picks ahead of the company's Q2 results on August 5. Cognizant's healthcare momentum has slowed with the lost Health Net (HNT) contract, Deutsche tells investors. It sees limited visibility into a new large outsourcing deal but keeps a Buy rating on the stock.
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