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Fly News Breaks for June 14, 2017
CTSH
Jun 14, 2017 | 07:11 EDT
Oppenheimer analyst Glenn Greene raised his price target for Cognizant Technology Solutions to $80 saying the shares represent an "attractive mid-quarter idea." The company's FY17 revenue guidance appears conservative with margins inflecting higher and visa reform risk subsiding, Greene tells investors in a research note. He views the shares as "highly attractive" and reiterates an Outperform rating on Cognizant.