UPDATE: Bank of America Lowers PT on Cognizant Technology Solutions on Continued Legislative Overhang
June 19, 2013 at 10:58 AM EDT
In a report published Wednesday, Bank of America analyst Sara Gubins reiterated a Buy rating on Cognizant Technology Solutions (NASDAQ: CTSH ), but lowered the price target from $90.00 to $77.00. In the report, Bank of America noted, “Immigration reform risk has driven CTSH shares down 13% YTD. It is still