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