Berenberg Upgrades Cognizant Technology To Buy

Berenberg upgraded Cognizant Technology Solutions Corporation (NASDAQ: CTSH) from Hold to Buy.

The price target for Cognizant Technology has been raised from $50 to $79.

Cognizant Technology shares have jumped 22.69% over the past 52 weeks, while the S&P 500 index has gained 12.21% in the same period.

Cognizant Technology shares gained 1.32% to close at $61.65 yesterday.