On Nov 01, major Wall Street analysts update their ratings for $Cognizant (CTSH.US)$, with price targets ranging from $75 to $88.
Morgan Stanley analyst James Faucette maintains with a hold rating, and maintains the target price at $75.
Barclays analyst Ramsey El Assal maintains with a hold rating, and maintains the target price at $80.
TD Cowen analyst Bryan Bergin maintains with a hold rating, and maintains the target price at $76.
BMO Capital analyst Keith Bachman maintains with a hold rating, and adjusts the target price from $85 to $88.
Mizuho Securities analyst Dan Dolev maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Cognizant (CTSH.US)$'s main analysts recently are as follows:
Enhanced third-quarter revenue and margins indicate improving execution, and the rise in discretionary spending along with higher ACV (annual contract value) is seen as a positive development. However, the company's performance presents a mixed picture, with unchanged year-over-year bookings and a conservative organic outlook for the fourth quarter.
Here are the latest investment ratings and price targets for $Cognizant (CTSH.US)$ from 8 analysts:
Note:
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