Cognizant Technology Solutions Corporation (CTSH) : Zacks Investment Research ranks Cognizant Technology Solutions Corporation (CTSH) as 3, which is a Hold recommendation. 13 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 1.39, which indicates as a Strong Buy.
Cognizant Technology Solutions Corporation (CTSH) : 15 Wall Street analysts covering Cognizant Technology Solutions Corporation (CTSH) believe that the average level the stock could reach for the short term is $67.27. The maximum price target given is $70 and the minimum target for short term is around $62, hence the standard deviation is calculated at $2.22.
Shares of Cognizant Technology Solutions Corporation appreciated by 1.48% during the last five trading days but lost 0.43% on a 4-week basis. Cognizant Technology Solutions Corporation has dropped 7.57% during the last 3-month period . Year-to-Date the stock performance stands at -3.12%. Cognizant Technology Solutions Corporation (NASDAQ:CTSH): stock turned positive on Tuesday. Though the stock opened at $57.6, the bulls momentum made the stock top out at $58.66 level for the day. The stock recorded a low of $57.53 and closed the trading day at $58.15, in the green by 0.71%. The total traded volume for the day was 5,375,295. The stock had closed at $57.74 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.