In a report released yesterday, Keith Bachman from BMO Capital maintained a Buy rating on Cognizant (CTSH), with a price target of $88. The company’s shares opened today at $71.37.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 15.5% and a 63.8% success rate. Bachman covers the Technology sector, focusing on stocks such as DXC Technology Company, Infosys Limited, and Salesforce.com.
Cognizant has an analyst consensus of Strong Buy, with a price target consensus of $84.21.
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The company has a one-year high of $85.10 and a one-year low of $59.47. Currently, Cognizant has an average volume of 3.72M.
Based on the recent corporate insider activity of 265 insiders, corporate insider sentiment is negative on the stock.
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Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following business segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology.
