Stocks · News reference
Deutsche Bank Maintains Buy on Cognizant Tech Solns, Raises Price Target to $70
Deutsche Bank analyst Nate Svensson maintains Cognizant Tech Solns (NASDAQ:CTSH) with a Buy and raises the price target from $65 to $70.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Should You Invest in the First Trust Technology AlphaDEX ETF (FXL)?
The article provides an in-depth analysis of the First Trust Technology AlphaDEX ETF (FXL), a passively managed technology sector ETF with $2.73 billion in assets. FXL has gained 25.61% year-to-date and 26.16% over the past year, with a 0.6% expense ratio. The fund holds 111 stocks with heavy allocation to Information Technology (85.3%), and is compared to alternatives like State Street's XLK and Vanguard's VGT, which offer lower expense ratios of 0.08% and 0.09% respectively.
Shares of IT Services companies are trading higher. The sector may be rallying in response to AI executives from firms including Anthropic, OpenAI and SpaceXAI signaling that the industry's growth may have to be slowed, which may limit threats to IT Service vendors.