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Fly News Breaks for August 4, 2017
CTSH
Aug 4, 2017 | 07:13 EDT
Loop Capital analyst Joseph Vafi upgraded Cognizant to Buy from Hold as he believes demand headwinds and headline risk are abating. Cognizant has pivoted toward digital services more aggressively than competitors while it still has an overall margin structure below its peers, Vafi tells investors. He raised his price target on Cognizant shares to $83 from $63.
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