Cognizant Names Brian Humphries As CEO, Succeeding Company Co-Founder Francisco D'Souza

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Cognizant Technology Solutions (CTSH) PT Raised to $83 at Nomura/Instinet

February 7, 2019 8:22 AM EST

Nomura/Instinet analyst Ashwin Mehta raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $83.00 (from $79.00) while maintaining a Buy rating following the company's 4Q earnings report. 4Q was marginally ahead on growth, though below on margins led by wage hikes for senior... More

Cognizant Technology Solutions (CTSH) PT Raised to $80 at Cowen

February 7, 2019 8:10 AM EST

Cowen analyst Bryan Bergin raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $80.00 (from $75.00) while maintaining a Market Perform rating.

The analyst commented, "CTSH's new CEO announcement and prudent initial FY19 growth guidance amid a view for potential improvement in BFSI... More