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After the Jefferies NASDAQ Investor Conference, Jefferies published research highlighting their 4 takeaways from the Cognizant Technology Solutions Corp
CTSH CFO at the conference.
- Digital growth remains a strong growth driver
- Platform offerings or automation may lead to revenue or headcount linearity
- Top-line growth may re-accelerate in 2017
- Increased M&A activity for Cognizant.
Jefferies analysts believes that given the revenue and margin profile of the company, combined with these conference takeaways, reinforce their Buy-rating and $70 price target.
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