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New Buy Rating for Cognizant (CTSH), the Technology Giant
Guggenheim analyst Jonathan Lee CFA maintained a Buy rating on Cognizant today and set a price target of $85.00.
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According to TipRanks, Lee CFA is an analyst with an average return of -32.0% and an 8.33% success rate. Lee CFA covers the Technology sector, focusing on stocks such as Cognizant, Globant SA, and Accenture.
Cognizant has an analyst consensus of Moderate Buy, with a price target consensus of $85.60.
Based on Cognizant’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.33 billion and a net profit of $648 million. In comparison, last year the company earned a revenue of $5.08 billion and had a net profit of $546 million
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