Citigroup Maintains Buy on Cognizant Tech Solns, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has reaffirmed a Buy rating on Cognizant Technology Solutions (CTSH) and increased the price target from $76 to $90.
January 17, 2024 | 11:56 am
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POSITIVE IMPACT
Citigroup analyst Ashwin Shirvaikar maintains a Buy rating on Cognizant Technology Solutions and raises the price target from $76 to $90, indicating a positive outlook on the stock.
The increase in price target by Citigroup reflects a bullish stance on Cognizant Technology Solutions, suggesting that the analyst sees potential for the stock to rise to the new target price. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100