Information Provided By:
Fly News Breaks for November 26, 2018
CTSH
Nov 26, 2018 | 05:35 EDT
Goldman Sachs analyst James Schneider upgraded Cognizant Technology Solutions to Buy and raised his price target for the shares to $84 from $81 Improving revenue growth brings prospects for a stock "re-rating," Schneider tells investors in a research note. The analyst expects a rebound in the company's Financial Services vertical to drive improved revenue growth in the coming quarters.