Guggenheim Raises Cognizant Price Target to $80 from $65
The sizeable target increase supports a bullish view, although the analyst target is an opinion and the post-signal share decline tempers confidence.
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The sizeable target increase supports a bullish view, although the analyst target is an opinion and the post-signal share decline tempers confidence.
What happened, with direct paths to the underlying reporting
Guggenheim raised its CTSH target by about 23% to $80, around 15% above the posted price of $69.34. Shares were down 4.36% since the signal.
Target: $80
Posted price: $69.34
Analyst firm: Guggenheim
Analyst: Jonathan Lee
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