CI&T price target lowered to $6 from $8 at TD Cowen

TD Cowen lowered the firm's price target on CI&T to $6 from $8 and keeps a Buy rating on the shares. The firm updated its model ahead of the upcoming earnings season where they said a mid-year reset is anticipated for many in the sector as downstream impacts from elongated geopol uncertainty present downside risk to C2H estimates.