Breaking Finance News

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

Zacks Investment Research has upgraded Cognizant Technology Solutions Corp(NASDAQ:CTSH) to Hold in a statement released on Monday August 22 2016.

On 7/07/2016, Barclays Capital reported about Cognizant Technology Solutions Corp(NASDAQ:CTSH) lowered the target price from $70.00 to $66.00 that suggested an upside of 0.16%.

Just yesterday Cognizant Technology Solutions Corp (NASDAQ:CTSH) traded 1.44% lower at $57.70. Cognizant Technology Solutions Corp’s 50-day average is $57.67 and its two hundred day average is $59.13. With the last stock close down 9.83% relative to the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the date range. Trade volume was was up over the average, with 7,785,231 shares of CTSH changing hands over the typical 4,175,140 shares..

See Chart Below:

Cognizant Technology Solutions Corp (NASDAQ:CTSH)

Cognizant Technology Solutions Corp has a P/E of 22 with a 52 week low of $51.22 and a one-year high of $69.80. Cognizant Technology Solutions Corp’s market cap is currently $0.0.

In addition to Zacks Investment Research reporting it’s target price, a total of 26 analysts have released a report on the company. The average target price is $69.50 with 11 firms rating the company a strong buy, 17 analysts rating the company a buy, three firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firmsrating the company as sell.

More 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, and application maintenance and IT infrastructure services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.