TD Cowen raised the firm’s price target on Cognizant (CTSH) to $76 from $75 and keeps a Hold rating on the shares. The firm said better 3Q revenue and margins reflect building execution while discretionary improvement and increased ACV is positive, but mixed performance evident in flat year-over-year bookings and light 4Q organic view.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTSH: