Morgan Stanley Maintains Equal-Weight on Cognizant Tech Solns, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Cognizant Tech Solns (NASDAQ:CTSH) but lowered the price target from $68 to $65.
November 02, 2023 | 4:12 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Cognizant Tech Solns but lowered the price target from $68 to $65.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100