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Fly News Breaks for February 7, 2018
CTSH
Feb 7, 2018 | 14:49 EDT
Susquehanna analyst James Friedman raised his price target for Cognizant to $86 from $78 saying management finished the year "strong" with double-digit revenue growth and good guidance for the coming year. Despite a lack of large bank recovery, the company delivered double-digit growth elsewhere and committed to executing its capital return plans, he notes. The analyst reiterates a Neutral rating on the shares.
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