Barclays Maintains Underweight on Cognizant Tech Solns, Raises Price Target to $61
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Ramsey El-Assal maintains an Underweight rating on Cognizant Tech Solns (NASDAQ:CTSH) and raises the price target from $53 to $61.

July 25, 2023 | 10:42 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays maintains an Underweight rating on Cognizant Tech Solns but raises the price target from $53 to $61.
While the Underweight rating suggests that Barclays expects CTSH to underperform the market, the raised price target indicates a more positive outlook for the stock's future price. This could lead to mixed reactions in the market, potentially keeping the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100