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Fly News Breaks for May 5, 2015
CTSH
May 5, 2015 | 07:38 EDT
After Cognizant reported slightly better than expected results and slightly raised its full-year guidance, Bernstein says that the company's comments were "very positive." As a result, the firm thinks the company's guidance is increasingly conservative. It keeps a $62 price target and Outperform rating on the shares.
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