UPDATE: Societe Generale Initiates Cognizant Technology Solutions at Buy on Strong Growth Rate
June 28, 2013 at 09:45 AM EDT
In a report published Friday, Societe Generale analyst Mukul Garg initiated coverage on Cognizant Technology Solutions (NASDAQ: CTSH ) with a Buy rating and $74.00 price target. In the report, Societe Generale noted, “Cognizant's revenues have grown rapidly over last few years, outpacing most of its peer group. We expect the