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Fly News Breaks for January 12, 2018
INFY, CTSH
Jan 12, 2018 | 07:54 EDT
Baird analyst David Koning views Cognizant (CTSH) as a good idea heading into Q4 results. He said the company has a mildly positive read-through from the Infosys (INFY) results as the company has averaged roughly the same growth over the past three calendar Q4's and he expects roughly 15-20% earnings growth over the next few years. Koning reiterated his Outperform rating and $90 price target on Cognizant shares.