SunTrust Robinson Humphrey Upgrades Cognizant Technology Solutions (CTSH) to Buy

SunTrust Robinson Humphrey upgraded Cognizant Technology Solutions (NASDAQ: CTSH) from Hold to Buy with a price target of $70.00 (from $63.00).

The analyst calls CTSH a high-quality leader ing the IT services and outsource space. Furthermore the company's significant exposure to healthcare and financial verticals may be a near area of improvement and notes the company is better positioned that many peers in digital work.

For an analyst ratings summary and ratings history on Cognizant Technology Solutions click here. For more ratings news on Cognizant Technology Solutions click here.

Shares of Cognizant Technology Solutions closed at $58.66 yesterday.

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