CTSH - selloff seems overdone
CTSH has consistently produced ROE of 18-20%, and now trades at a P/E of around 12. The selloff seems overdone. Target Price 67.
Trade closed: target reached
During the last week CTSH reached our short-term target. We still like it for the longer term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.