Cognizant Technology Solutions (CTSH) PT Raised to $78 at Baird
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Put Buying Activity in Cognizant (CTSH) Highlights Bearish Sentiment in Shares Through Earnings Announcement on Feb 6th -Susquehanna
January 29, 2019 1:57 PM ESTSusquehanna options strategist Alison Edwards notes put buying activity in Cognizant (NASDAQ: CTSH), as an opening investor bought 8k Mar 65 Puts for $1.30. The investor expresses bearish sentiment and suggests the stock has an increased probability to trade below $65 (-3.1%) by mid-Mar.
The company reports earnings on 2/6.
... MoreCognizant Technology Solutions (CTSH) PT Lowered to $80 at Wells Fargo
January 29, 2019 7:28 AM ESTWells Fargo lowered its price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $80.00 (from $84.00) while maintaining a Outperform rating.
... MoreCognizant Technology Solutions (CTSH) PT Raised to $78 at Baird
January 28, 2019 2:42 PM ESTBaird analyst David Koning raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $78.00 (from $76.00) while maintaining a Outperform rating.
... MoreGartner, Inc. (IT): Global Information Technology Spending to Increase 3.2% in 2019, Reaching $3.76T
January 28, 2019 10:38 AM ESTWorldwide IT spending is projected to total $3.76 trillion in 2019, an increase of 3.2 percent from 2018, according to the latest forecast by Gartner, Inc.
Despite uncertainty fueled by recession rumors, Brexit, and trade wars and tariffs, the likely scenario for IT spending in 2019 is growth, said... More
Bernstein Upgrades Cognizant Technology Solutions (CTSH) to Outperform
January 25, 2019 8:14 AM ESTBernstein analyst Harshita Rawat upgraded Cognizant Technology Solutions (NASDAQ: CTSH) from Market Perform to Outperform with a price target of $80.00 on valuaton.
The analyst notes that at 15x NTM PE, CTSH is trading at the bottom decile of its entire history... More
