Information Provided By:
Fly News Breaks for September 15, 2016
CTSH
Sep 15, 2016 | 05:32 EDT
Goldman Sachs analyst James Schneider downgraded Cognizant Technology Solutions to Neutral saying cyclical headwinds in the company's Financials and Healthcare units will persist through the first half of 2017. The stock is unlikely to outperform until growth accelerates or shareholder-friendly capital allocations like a dividend are enacted, Schneider tells investors in a research note. He cut his price target for the shares to $61 from $68.
News For CTSH From the Last 2 Days
There are no results for your query CTSH
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.