| 2024-11-20 | +1.64 % |
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| 2024-11-18 | -0.31 % |
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| 2024-11-15 | -4.53 % |
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| 2024-11-06 | +5.32 % |
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| 2024-11-05 | +0.65 % |
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| 2024-11-01 | +0.03 % |
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| 2024-10-31 | +0.32 % |
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| 2024-10-30 | -1.55 % |
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| 2024-10-29 | +0.72 % |
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| 2024-10-28 | +0.21 % |
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| 2024-10-25 | -0.05 % |
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| 2024-10-24 | -1.59 % |
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| 2024-10-23 | +0.33 % |
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| 2024-10-18 | +0.33 % |
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| 2024-10-17 | +0.18 % |
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| 2024-10-16 | +0.28 % |
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| 2024-10-14 | +1.09 % |
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| 2024-10-11 | +1.93 % |
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| 2024-10-09 | +0.88 % |
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| 2024-09-25 | -0.67 % |
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| 2024-09-03 | -1.29 % |
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| 2024-08-12 | -1.72 % |
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| 2024-08-07 | +0.72 % |
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| 2024-08-02 | -3.03 % |
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| 2024-08-01 | +0.83 % |
- Cognizant Technology Solutions (CTSH) stock rose by 0.83% following JPMorgan's increase of the price target from $74.00 to $82.00 due to the company's strong second-quarter earnings, positive revenue growth guidance for the third quarter, and strategic moves including acquisitions and partnerships. The increase is primarily attributed to better-than-expected financial performance and optimistic future projections, particularly in light of large deal executions and enhanced growth expectations for 2024.
- Cognizant Technology Solutions (CTSH) stock rose 0.83% following RBC Capital's increase of its price target to $81 after the company's strong second-quarter fiscal 2024 results exceeded expectations, along with upward revisions to its full-year guidance and a 5% year-over-year increase in bookings.
- Cognizant Technology Solutions (CTSH) stock rose by 0.83%, and has increased by 14% over the past three months, largely due to its respectable Return on Equity (ROE) of 16%, which indicates effective management of shareholder investments despite a low earnings growth rate compared to the industry.
- Cognizant Technology Solutions (CTSH) stock rose by 0.83% following a strong second-quarter report showing a 22% increase in net profit, improved operational margins, and positive projections for future revenue growth, bolstered by strategic initiatives and an upcoming acquisition of Belcan.
- Cognizant Technology Solutions (CTSH) stock rose 0.83% after BMO Capital Markets raised its price target from $78.00 to $85.00, following the company's earnings surpassing expectations and an upward revision of its full-year guidance, indicating improved execution despite a subdued demand environment.
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| 2024-07-31 | -0.18 % |
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| 2024-07-24 | -1.62 % |
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| 2024-07-19 | -2.16 % |
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| 2024-07-17 | +1.23 % |
- The article discusses Cognizant Technology Solutions' (CTSH) recent partnership with Victory Capital Holdings, Inc., highlighting the IT services Cognizant will provide to support Victory Capital's digital transformation efforts, and the company's financial performance and market trends, with factors such as recent stock price gains attributed to the collaboration. The increase in CTSH stock can be attributed to the positive market response to the strategic collaboration with Victory Capital, which is expected to enhance service management capabilities, improve service productivity, generate cost savings, and allow Victory Capital to scale its operations efficiently.
- The article discusses how Meeder Advisory Services Inc. increased its stake in Cognizant Technology Solutions Co. (CTSH) by 11.2% in the 1st quarter, leading to a 1.23% increase in CTSH stock. The rise in stock value can be attributed to various large institutional investors modifying their holdings and currently owning a significant portion of the company's shares, driving positive sentiment and confidence in the stock.
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| 2024-06-24 | +0.5 % |
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| 2024-06-17 | +1.96 % |
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| 2024-06-13 | -2.55 % |
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| 2024-06-11 | -0.42 % |
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| 2024-06-10 | +1.99 % |
- Cognizant Technology Solutions (CTSH) stock went up by 1.99% due to its recent agreement to acquire US-based Belcan LLC, valued at around $1.3 billion, which will help Cognizant expand its revenue and capabilities in the aerospace and defense sector, leading to expected annual revenue synergies of over $100 million within three years through cross-selling services and global delivery scaling, as observed from their SEC filings and statements from company executives. This strategic acquisition is part of Cognizant's aim to diversify its portfolio and tap into growing ER&D services market opportunities.
- Cognizant Technology Solutions (CTSH) stock is up after an acquisition to diversify into industry verticals with federal funding, particularly in the aerospace & defense sector, which is expected to offset potential downturns in corporate spending and broaden its presence in the engineering, research, and development market.
- Cognizant Technology Solutions' (CTSH) stock rose 1.99% following the announcement of its acquisition of Belcan, a US-based ER&D services provider, for approximately $1.3 billion in cash and stock, aiming to expand its capabilities in aerospace & defence, IoT, and digital engineering, which is expected to drive revenue growth and shareholder value.
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| 2024-06-07 | -0.56 % |
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| 2024-06-06 | +1.21 % |
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| 2024-05-28 | -2.14 % |
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| 2024-05-23 | -0.84 % |
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