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4 Reasons Jefferies Is Confident In Buy Rating On Cognizant

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After the Jefferies NASDAQ Investor Conference, Jefferies published research highlighting their four takeaways from the Cognizant Technology Solutions Corp (NASDAQ: 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.

Latest Ratings for CTSH

Jan 2017Morgan StanleyDowngradesOverweightEqual-Weight
Jan 2017Loop CapitalInitiates Coverage OnHold
Nov 2016William BlairDowngradesOutperformMarket Perform

View More Analyst Ratings for CTSH
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Reiteration Analyst Ratings


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