Susquehanna Raises Their Price Target on Cognizant Technology Solutions (CTSH) to $41

June 18, 2008 8:40 AM EDT

Susquehanna raises their price target on Cognizant Technology Solutions (NASDAQ: CTSH) from $36 to $41 and maintains their Positive rating.

The firm highlights that CTSH's growth rates are substantially higher than the peer group. In addition, the firm’s recent checks show that CTSH appears to be expanding with a few large costumers.

Cognizant Technology Solutions Corporation provides information technology (IT) consulting and technology services in North America, Europe, and Asia.


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