Feb 5 (Reuters) - Cognizant Technology Solutions (CTSH.O ... to temper spending on IT services and consultancy. Persistent high capital costs continue to strain IT spending, prompting enterprises ...
Mizuho analyst Dan Dolev raised the firm’s price target on Cognizant (CTSH) to $87 from $84 and keeps a Neutral rating on the shares following the Q4 report. The firm says it is encouraged by ...
(Reuters) -Cognizant Technology Solutions forecast annual ... to temper spending on IT services and consultancy. Persistent high capital costs continue to strain IT spending, prompting enterprises ...
Pre-earnings options volume in Cognizant (CTSH) is 2.8x normal with puts leading calls 9:8. Implied volatility suggests the market is anticipating a move near 4.2%, or $3.48, after results are ...
Therefore, we take Cognizant’s large deal size to be indicative of the high switching costs among the company’s clients. We think Cognizant benefits from intangible assets as a moat source due ...
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Persistent high capital costs continue to strain IT spending, prompting enterprises to cut back on consultancy services while prioritizing investments in AI-related projects. Cognizant's shares ...
(Reuters) -Cognizant Technology Solutions forecast annual revenue below estimates on Wednesday, as uncertainty about the path of future interest rate cuts forces companies to temper spending on IT ...