Deutsche Bank Maintains Hold on Cognizant Tech Solns, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Keane maintains a Hold rating on Cognizant Technology Solutions (NASDAQ:CTSH) and raises the price target from $70 to $80.
October 22, 2024 | 5:43 pm
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Deutsche Bank has maintained its Hold rating on Cognizant Technology Solutions while increasing the price target from $70 to $80, indicating a positive outlook.
The increase in price target from $70 to $80 by Deutsche Bank suggests a positive outlook for Cognizant's stock, which could lead to a short-term price increase. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100