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Fly News Breaks for September 20, 2019
CTSH
Sep 20, 2019 | 06:06 EDT
Barclays analyst Ramsey El-Assal started Cognizant Technology Solutions with an Underweight rating and $64 price target. Relative to Payments Processors, the analyst has a "more neutral" view of the IT services industry. El-Assal says Cognizant has higher relative exposure to immigration reform and he highlights its recent management turnover. He believes Cognizant is likely to underperform relative to his broader coverage.
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