Cognizant (CTSH) Sinks on INFA Warning, Downgrade

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Shares of Cognizant Technology Solutions (NASDAQ: CTSH) are weak Friday after Informatica's profit warning and a Berenberg downgraded of the stock earlier from Buy to Hold.

The firm cited concerns about IT and software spending given the global economic slowdown.

For an analyst ratings summary and ratings history on Cognizant Technology Solutions click here. For more ratings news on Cognizant Technology Solutions click here.

Shares of Cognizant Technology Solutions are down 5 percent to $57.

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