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Cognizant Rating Moves to Hold After Deutsche Bank Downgrade

The bank said its confidence in Cognizant had waned.

Updated 1 min read
Cognizant’s headquarters stands at Glenpointe Centre West in Teaneck, New Jersey. / TokenPost.ai (macro)
Cognizant’s headquarters stands at Glenpointe Centre West in Teaneck, New Jersey. / TokenPost.ai (macro)

Cognizant Technology Solutions Corporation (CTSH) was assigned a Hold rating by Deutsche Bank on Friday, Nov. 13, replacing Buy; the bank said it had become less confident in the company.

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