Cognizant Reports First Quarter 2017 Results

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Go back to Cognizant Reports First Quarter 2017 Results

Cognizant Technology Solutions (CTSH) PT Raised to $70 at Needham & Company

May 5, 2017 12:25 PM EDT

Needham & Company raised its price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $70.00 (from $65.00) while maintaining a Buy rating following a solid start to 2017.

Analyst Mayank Tandon notes guidance for Q2 was in-line and management left guidance for FY17 intact, reflecting a... More

Cognizant (CTSH) Tops Q1 EPS by 1c; Guides In-Line

May 5, 2017 6:07 AM EDT

Cognizant (NASDAQ: CTSH) reported Q1 EPS of $0.84, $0.01 better than the analyst estimate of $0.83. Revenue for the quarter came in at $3.55 billion versus the consensus estimate of $3.52 billion.

"We delivered solid results in the first quarter and continued to build our digital solutions... More