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Needham & Company Cuts Price Target on Cognizant (CTSH) to $65 Following 3Q
November 7, 2016 2:13 PM ESTNeedham & Company maintained a Buy rating on Cognizant Technology Solutions (NASDAQ: CTSH), and cut the price target to $65.00 (from $68.00), following the company's 3Q earnings report. Revenue rose 8.4% Y/Y to $3.45 billion, in-line with consensus. CTSH posted $0.86 in EPS, a penny above the... More
