Cognizant (CTSH) Tops Q2 EPS by 6c; Guides Q3, FY15 EPS and Revenue

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Cognizant (CTSH) PT Raised to $78 at Needham & Company

August 6, 2015 7:40 AM EDT

Needham & Company analyst Mayank Tandon reiterated a Buy rating and raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $78.00 (from $76.00) following robust Q2 results and increased guidance.

Tandon commented, "Cognizant reported robust 2Q results, beating expectations comfortably on revenue... More