RBC Capital Maintains Sector Perform on Cognizant Tech Solns, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin maintains a 'Sector Perform' rating on Cognizant Technology Solutions (CTSH) and raises the price target from $74 to $77.
February 07, 2024 | 5:02 pm
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RBC Capital analyst Daniel Perlin maintains a 'Sector Perform' rating on Cognizant Technology Solutions and raises the price target from $74 to $77.
The increase in price target by RBC Capital suggests a positive outlook on Cognizant Technology Solutions' stock, potentially leading to short-term price appreciation. The 'Sector Perform' rating indicates that the stock is expected to perform in line with the sector, but the raised target implies a specific optimism about CTSH.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90