Cognizant Reports First Quarter 2021 Results

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Cognizant Technology Solutions (CTSH) PT Lowered to $91 at Cowen

May 6, 2021 6:39 AM EDT

Cowen analyst Bryan Bergin lowered the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $91.00 (from $92.00) while maintaining an Outperform rating.

The analyst commented, "Workforce churn was expected to be the top risk into 1Q & this featured prominently. While demand is strong,... More

Cognizant (CTSH) Tops Q1 EPS by 3c

May 5, 2021 4:03 PM EDT

Cognizant (NASDAQ: CTSH) reported Q1 EPS of $0.97, $0.03 better than the analyst estimate of $0.94. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.37 billion.

"In the first quarter, we successfully executed our strategy of embracing digital, investing in international expansion and... More