Cognizant Technology Solutions (CTSH) PT Raised to $78 at BofA Securities

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Cognizant Technology Solutions (CTSH) PT Raised to $82 at RBC Capital

August 28, 2024 6:42 AM EDT

RBC Capital analyst Daniel Perlin raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $82.00 (from $81.00) while maintaining a Sector Perform rating.

The analyst comments "With the close of the Belcan acquisition and the corresponding change in managements guidance, we... More

Jefferies Reinstates Cognizant Technology Solutions (CTSH) at Buy

August 28, 2024 6:14 AM EDT

Jefferies analyst Surinder ThindQ reinstates coverage on Cognizant Technology Solutions (NASDAQ: CTSH) with a Buy rating and a price target of $90.00.

The analyst comments "CTSH has closed its acquisition of Belcan, which was announced on June 10. The acquisition adds upwards of 4% points to... More

Cognizant Technology Solutions (CTSH) PT Raised to $74 at TD Cowen

August 27, 2024 11:07 AM EDT

TD Cowen analyst Bryan Bergin raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $74.00 (from $72.00) while maintaining a Hold rating.

The analyst commented, "CTSH closed the Belcan acquisition and updated 3Q & CY24 guides. Updated revenue is inline w/ prior communication at... More

TD Cowen Reiterates Hold Rating on Cognizant Technology Solutions (CTSH)

August 27, 2024 8:19 AM EDT

TD Cowen analyst Bryan Bergin reiterated a Hold rating and $72.00 price target on Cognizant Technology Solutions (NASDAQ: CTSH).

The analyst commented, "We hosted investor meetings in Canada. With new management in place for ~18 months, CTSH has moved from a phase of... More

Cognizant (CTSH) Completes Acquisition of Belcan, Updates Guidance

August 27, 2024 8:07 AM EDT

Cognizant (NASDAQ: CTSH) today announced it completed the acquisition of Belcan for approximately $1.3 billion in cash and stock. Belcan is a leading global supplier of Engineering Research & Development (ER&D) services for the commercial aerospace, defense, space, marine and industrial verticals.

First... More