Cognizant growth outlook appears healthy, says Oppenheimer

theflyonthewall.com

After meeting with Cognizant's management, Oppenheimer believes that the discount in the company's stock related to immigration reform is overdone. The firm thinks the company is benefiting from strength in the banking and insurance sectors, as well as projects related to healthcare reform. Oppenheimer reiterates an Outperform rating on the shares.

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