Ctsh stock price forecast is buoyed by recent client acquisition
CTSH stock price forecast is buoyed by recent client acquisition in healthcare and BFSI segments, potentially adding $200M annualized revenue. This diversification is seen as a catalyst for breaking past the 52-week median of $68.50. On the whole, we feel that Cognizant Technology Solutions' performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a respectable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sector rotation into technology has lifted the CTSH stock price forecast, particularly as investors seek defensive growth plays amid geopolitical churn.
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