JP Morgan Maintains Neutral on Cognizant Tech Solns, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Cognizant Technology Solutions (NASDAQ:CTSH) and raises the price target from $82 to $89.
September 06, 2024 | 5:43 pm
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JP Morgan has maintained a Neutral rating on Cognizant Technology Solutions but increased the price target from $82 to $89, indicating a positive outlook.
The increase in the price target from $82 to $89 by JP Morgan suggests a positive outlook for Cognizant Technology Solutions, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may interpret the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100