Analyst Ratings for Cognizant Technology Solutions (CTSH)

Overall Rating: BUY Rating Trend:

Avg. $ Target: $80.58 (+24.8%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
4/15/2013	Evercore Partners	New Coverage	Overweight (N/A)	96.00 (N/A)	75.56	64.56	-14.56%	Details
4/2/2013	UBS » Updated 4/29/2013	New Coverage	Neutral (N/A)	68.00 (80.00)	76.74	64.56	-15.87%	Details
3/11/2013	Pacific Crest	Downgrade	Sector Perform (Outperform)	N/A (N/A)	80.51	64.56	-19.81%	Details
1/9/2013	Goldman Sachs	Upgrade	Neutral (Sell)	72.00 (60.00)	74.50	64.56	-13.34%	Details
11/15/2012	Credit Suisse	Upgrade	Outperform (Neutral)	N/A (N/A)	64.29	64.56	0.42%	Details
7/16/2012	BofA/Merrill Lynch	New Coverage	Buy (N/A)	N/A (N/A)	57.26	64.56	12.75%	Details
7/6/2012	Berenberg	Downgrade	Hold (Buy)	N/A (N/A)	60.22	64.56	7.21%	Details
5/8/2012	Baird	Upgrade	Outperform (N/A)	76.00 (N/A)	56.30	64.56	14.67%	Details
5/7/2012	Needham & Company	Downgrade	Buy (N/A)	80.00 (N/A)	56.29	64.56	14.69%	Details
2/28/2012	RBC Capital	New Coverage	Outperform (N/A)	84.00 (N/A)	72.00	64.56	-10.33%	Details
1/3/2012	Nomura Securities » Updated 8/3/2012	Upgrade	Buy (N/A)	75.00 (N/A)	64.31	64.56	0.39%	Details
10/7/2011	Deutsche Bank	New Coverage	Buy (N/A)	85.00 (N/A)	65.96	64.56	-2.12%	Details
8/3/2011	BMO Capital	New Coverage	Outperform (N/A)	86.00 (N/A)	70.37	64.56	-8.26%	Details
6/28/2011	Jefferies » Updated 9/19/2012	New Coverage	Buy (N/A)	80.00 (76.00)	71.88	64.56	-10.18%	Details
5/26/2011	Barclays » Updated 10/26/2011	Upgrade	Overweight (N/A)	81.00 (N/A)	73.75	64.56	-12.46%	Details

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