Cognizant Reports Third Quarter 2019 Results

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Cognizant Technology Solutions (CTSH) PT Lowered to $64 at Cowen

October 31, 2019 7:52 AM EDT

Cowen analyst Bryan Bergin lowered the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $64.00 (from $67.00) while maintaining a Market Perform rating.

The analyst commented, "CTSH conveyed an all-encompassing two-year Fit for Growth plan that aims to drive agility in its model... More

Cognizant (CTSH) Tops Q3 EPS by 3c

October 30, 2019 4:04 PM EDT

Cognizant (NASDAQ: CTSH) reported Q3 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $4.25 billion versus the consensus estimate of $4.21 billion.

GUIDANCE:

Cognizant sees FY2019 EPS of $3.95-$3.98, versus the consensus of $3.95. Cognizant sees FY2019... More