BMO Capital Maintains Market Perform on Cognizant Tech Solns, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on Cognizant Tech Solns (NASDAQ:CTSH) but lowered the price target from $78 to $73.
November 02, 2023 | 7:00 pm
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Cognizant Tech Solns' price target has been lowered from $78 to $73 by BMO Capital, while maintaining a 'Market Perform' rating.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price as it may cause investors to reassess their positions.
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