Susquehanna upgraded Cognizant (CTSH) to Positive from Neutral with a price target of $90, up from $77. Cognizant eclipsed both the wider industry and its “own recent heritage of malaise” to deliver a good start to 2025, says the analyst. Looking at the steady increase in revenue per utilized headcount, which was up over 6% for the second consecutive quarter, the firm thinks the growth is durable, the analyst added.
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