BofA Lowers Target on Cognizant to $77 on Legislative Uncertainty
June 19, 2013 at 12:07 PM EDT
Bank of America lowered its price target on Cognizant Technology Solutions (NASDAQ: CTSH ) from $90 to $77 in a research note from Wednesday morning. Analyst Sara Gubins attributed the reduced target to uncertainty surrounding the immigration reform legislature currently in the Senate. She believes the legislation could potentially cut
