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Cognizant price target lowered to $68 from $86 at Citi

Citi analyst Bryan Keane lowered the firm’s price target on Cognizant (CTSH) to $68 from $86 and keeps a Neutral rating on the shares ahead of the Q1. The firm cites lower sector valuations for the target cut. Citi believes Cognizant’s growth is “steady but not accelerating.”

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