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Zacks Investment Research upgraded Cognizant Technology Solutions Corp (NASDAQ:CTSH) to Hold in a report released today.

Yesterday Cognizant Technology Solutions Corp (NASDAQ:CTSH) traded 0.20% higher at $54.28. The company’s 50-day moving average is $56.23 and its 200-day moving average is $58.85. The last closing price is down -6.53% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 4,911,915 shares of the stock traded hands, up from an average trading volume of 4,200,070

Zacks Investment Research has upgraded Cognizant Technology Solutions Corp (NASDAQ:CTSH) to Hold in a report released on 09/29/2016.

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Cognizant Technology Solutions Corp (NASDAQ:CTSH)

Cognizant Technology Solutions Corp has a 52 week low of $51.22 and a 52 week high of $69.80 with a P/E ratio of 22.18 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 26 brokers have issued a report on the company. The average stock price target is $69.50 with 11 brokers rating the stock a strong buy, 17 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Cognizant Technology Solutions Corp (NASDAQ:CTSH)

Cognizant Technology Solutions Corporation is a provider of information technology (IT), consulting and business process services. The Company operates through four segments: Financial Services, which includes customers providing banking/transaction processing, capital markets and insurance services; Healthcare, which includes healthcare providers and payers, as well as life sciences customers, including pharmaceutical, biotech and medical device companies; Manufacturing, Retail and Logistics, which includes manufacturers, retailers, travel and other hospitality customers, as well as customers providing logistics services, and Other, which includes communications, manufacturing/retail/logistics, and high technology. The Company's competencies include business, process, operations and IT consulting, application development and systems integration, enterprise information management, application testing, application maintenance and IT infrastructure services.

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