JPMorgan Downgrades Cognizant Technology Solutions (CTSH) to Neutral

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Cognizant Technology (CTSH) Weakness is Likely Buying Opp, Says UBS

August 7, 2014 1:02 PM EDT

UBS maintained a Buy rating on Cognizant Technology Solutions (NASDAQ: CTSH) with a modified price target of $50.00 (from $58.00). Analyst Steven Milunovic views weakness as a buying opportunity.

"Is poor guidance the beginning of sustained low double-digit revenue growth? We're not sure, but we doubt it.... More

Cognizant (CTSH) Tops Q2 EPS by 8c, Offers Guidance, Boosts Buyback

August 6, 2014 8:36 AM EDT

Cognizant Technology Solutions (NASDAQ: CTSH) reported Q2 EPS of $0.66, $0.08 better than the analyst estimate of $0.58. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.52 billion.

Cognizant Technology Solutions sees Q3 2014 EPS of at least $0.63, versus the consensus of $0.65. Cognizant... More