Guggenheim Initiates Coverage On Cognizant Tech Solns with Neutral Rating, Announces Price Target of $80
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Jonathan Lee initiates coverage on Cognizant Tech Solns (CTSH) with a Neutral rating and a price target of $80.

March 19, 2024 | 4:26 pm
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NEUTRAL IMPACT
Guggenheim initiated coverage on Cognizant Tech Solns with a Neutral rating and set a price target of $80.
The initiation of coverage by Guggenheim with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, a Neutral rating suggests that the analyst sees the stock performing in line with the market or sector, implying no significant short-term price movement expected from this announcement alone.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100