Cognizant EPS Slightly Misses as Analysts Set Mixed $60–$68 Targets
Royal Bank of Canada set a $55 price target for Cognizant Technology Solutions, while HSBC cut its target to $68 and Citi reiterated a neutral view with a $60 target. Wedbush upgraded the stock to outperform and raised its target to $70. Cognizant reported $1.37 EPS, slightly below $1.38 consensus, and declared a quarterly dividend payable Aug. 25.