Cognizant Technology Solutions Corporation (CTSH) Shares are Up 1.28%

Cognizant Technology Solutions Corporation (CTSH) : Traders are bullish on Cognizant Technology Solutions Corporation (CTSH) as it has outperformed the S&P 500 by a wide margin of 0.87% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.95%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.28% in the last 1 week, and is up 0.66% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.05% and the fifty day Moving Average is 0.52%. Cognizant Technology Solutions Corporation has dropped 7.35% during the last three month period . Year-to-Date the stock performance stands at -3.58%.

Cognizant Technology Solutions Corporation (CTSH) : The highest short term price target forecast on Cognizant Technology Solutions Corporation (CTSH) is $70 and the lowest target price is $62. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $67.33 with a standard deviation of $2.16.


Cognizant Technology Solutions Corporation (NASDAQ:CTSH): stock turned positive on Friday. Though the stock opened at $57.62, the bulls momentum made the stock top out at $58.2 level for the day. The stock recorded a low of $57.3301 and closed the trading day at $57.87, in the green by 0.52%. The total traded volume for the day was 3,397,186. The stock had closed at $57.57 in the previous days trading.

Cognizant Technology Solutions Corporation is a provider of information technology (IT), consulting and business process services. The Company operates in four segments: Financial Services segment, which include banking and insurance; Healthcare segment, which includes healthcare and life sciences, and Manufacturing/Retail/Logistics segment, which includes manufacturing and logistics; retail, travel and hospitality, and consumer goods and Other segment, which includes Communications, Manufacturing/Retail/Logistics, and High Technology. The Companies competencies include business, process, operations and IT consulting, application development and systems integration, enterprise information management (EIM), application testing, application maintenance, IT infrastructure services (IT IS) and business process services (BPS). It provides a range of consulting, information technology and outsourcing services, including consulting and technology services, and outsourcing services.

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