BMO Capital Maintains Market Perform on Cognizant Tech Solns, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on Cognizant Technology Solutions (CTSH) and increased the price target from $77 to $78.
May 02, 2024 | 2:15 pm
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POSITIVE IMPACT
Cognizant Technology Solutions' stock rating remains at 'Market Perform' by BMO Capital, with a slight increase in price target from $77 to $78.
The adjustment in price target by a reputable analyst like Keith Bachman suggests a positive outlook on CTSH's stock, albeit modest. This could lead to a slight increase in investor confidence and potentially a small uptick in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90