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CTSH

Cognizant

$47.71

-7.29 (-13.25%)

07:07
10/03/16
10/03
07:07
10/03/16
07:07

Deutsche says Cognizant fundamentals unlikely hurt by probe and executive change

Deutsche Bank analyst Bryan Keane said that Cognizant's internal investigation on improper payments made in India, while clearly a negative, is similar to fines and issues encountered by other U.S. multinationals conducting business in India. Also, Keane believes the resignation of President Gordon Coburn is "larger to the investment community than it is internally." After speaking to CFO Karen McLoughlin, Keane does not see any change in Cognizant's fundamental position and keeps a Buy rating with a $69 price target on the shares.

  • 23

    Oct

  • 14

    Nov

CTSH Cognizant
$47.71

-7.29 (-13.25%)

09/30/16
SBSH
09/30/16
DOWNGRADE
SBSH
Neutral
Cognizant downgraded to Neutral from Buy at Citi
09/30/16
SBSH
09/30/16
DOWNGRADE
Target $55
SBSH
Neutral
Cognizant downgraded to Neutral after FCPA investigation news at Citi
As reported earlier, Citi analyst Ashwin Shirvaikar downgraded Cognizant to Neutral from Buy after the company's disclosure that it is conducting an internal investigation related to possible FCPA violations, saying that the overhang created will likely make the stock "uninvestable" to many investors. Shirvaikar lowered his price target on Cognizant shares to $55 from $68.
09/30/16
JPMS
09/30/16
NO CHANGE
JPMS
Cognizant weakness overstates potential penalties, says JPMorgan
09/30/16
ARGS
09/30/16
DOWNGRADE
ARGS
Hold
Cognizant downgraded to Hold from Buy at Argus

TODAY'S FREE FLY STORIES

CLCT

Collectors Universe

$15.04

-0.26 (-1.70%)

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MB

Mindbody

$41.05

1 (2.50%)

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ABBV

AbbVie

$92.60

-2.77 (-2.90%)

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LYB

LyondellBasell

$102.16

-1.3 (-1.26%)

05:01
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LyondellBasell rating change  »

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SSEZY

SSE

$0.00

(0.00%)

04:57
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SSE rating change  »

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ALLK

Allakos

$44.88

0.95 (2.16%)

04:55
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William Blair biotech analysts to hold an analyst/industry conference call »

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  • 19

    Sep

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RBC Capital hardware analyst to hold a group luncheon »

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WCN

Waste Connections

$80.19

0.745 (0.94%)

04:55
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Conference/Events
Waste Connections participates in a conference call with UBS »

Analyst Windham holds a…

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  • 19

    Sep

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Breaking General news story  »

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HHC

Howard Hughes

$124.65

-0.88 (-0.70%)

04:55
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Conference/Events
Howard Hughes management to meet with Compass Point »

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  • 19

    Sep

BAESY

BAE Systems

$0.00

(0.00%)

04:55
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Conference/Events
BAE Systems management to meet with Morgan Stanley »

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  • 19

    Sep

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  • 24

    Sep

04:55
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General news
Housing Starts to be reported at 08:30 »

August Housing Starts…

AMSF

Amerisafe

$63.80

-0.35 (-0.55%)

04:55
09/19/18
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04:55
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04:55
Conference/Events
Amerisafe management to meet with SunTrust »

Meetings to be held in…

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  • 19

    Sep

AKTS

Akoustis

$8.08

0.04 (0.50%)

04:55
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04:55
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Conference/Events
Akoustis management to meet with Oppenheimer »

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  • 19

    Sep

  • 20

    Sep

ATTO

Atento

$7.60

-0.1 (-1.30%)

04:55
09/19/18
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04:55
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Conference/Events
Atento management to meet with Barrington »

Meeting to be held in New…

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  • 19

    Sep

GCI

Gannett

$9.92

0.135 (1.38%)

04:55
09/19/18
09/19
04:55
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04:55
Conference/Events
Gannett management to meet with Stephens »

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  • 19

    Sep

  • 20

    Sep

NHI

National Health Investors

$76.47

-1.07 (-1.38%)

04:55
09/19/18
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04:55
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04:55
Conference/Events
National Health Investors management to meet with JMP Securities »

Meeting to be held in…

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  • 19

    Sep

RWT

Redwood Trust

$16.42

(0.00%)

04:55
09/19/18
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04:55
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Conference/Events
Redwood Trust management to meet with Compass Point »

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  • 19

    Sep

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NEE

NextEra Energy

$173.44

-0.41 (-0.24%)

04:55
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04:55
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NextEra Energy management to meet with UBS »

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  • 19

    Sep

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    Nov

NICE

Nice Systems

$115.64

-0.61 (-0.52%)

04:55
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Conference/Events
Nice Systems management to meet with Jefferies »

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  • 19

    Sep

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Breaking General news story  »

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Housing Starts Permits to be reported at 08:30 »

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ESE

Esco Technologies

$67.00

-0.1 (-0.15%)

04:55
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Conference/Events
Esco Technologies management to meet with B. Riley FBR »

Meeting to be held in…

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  • 19

    Sep

  • 06

    Nov

GNBC

Green Bancorp

$23.10

(0.00%)

04:55
09/19/18
09/19
04:55
09/19/18
04:55
Conference/Events
Green Bancorp management to meet with Sandler O'Neill »

Meetings to be held in…

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  • 19

    Sep

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NP

Neenah Paper

$94.65

-1.35 (-1.41%)

04:55
09/19/18
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04:55
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04:55
Conference/Events
Neenah Paper management to meet with Seaport Global »

Meeting to be held in…

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  • 19

    Sep

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