Cognizant Reports Third Quarter 2020 Results

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Go back to Cognizant Reports Third Quarter 2020 Results

Cowen Upgrades Cognizant Technology Solutions (CTSH) to Outperform

October 29, 2020 6:01 AM EDT

Cowen analyst Bryan Bergin upgraded Cognizant Technology Solutions (NASDAQ: CTSH) from Market Perform to Outperform with a price target of $85.00 (from $70.00).

The analyst comments "Material progress on restructuring reduces execution risk and the third consecutive quarter of bookings traction (+15% YTD) support more... More

Cognizant (CTSH) Tops Q3 EPS by 7c; Raises Outlook

October 28, 2020 4:26 PM EDT

Cognizant (NASDAQ: CTSH) reported Q3 EPS of $0.97, $0.07 better than the analyst estimate of $0.90. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.15 billion.

GUIDANCE:

Cognizant sees FY2020 EPS of $3.63-$3.67, versus prior of... More