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CTSH

Cognizant

$47.71

-7.29 (-13.25%)

09:51
10/03/16
10/03
09:51
10/03/16
09:51

Cognizant bounces back from lows of prior session

Shares were last at $50.49, trading up over 5.7%. At that price next resistance is at $51.55. Support is at $48.50.

  • 23

    Oct

  • 14

    Nov

CTSH Cognizant
$47.71

-7.29 (-13.25%)

09/30/16
SBSH
09/30/16
DOWNGRADE
Target $55
SBSH
Neutral
Cognizant downgraded to Neutral after FCPA investigation news at Citi
As reported earlier, Citi analyst Ashwin Shirvaikar downgraded Cognizant to Neutral from Buy after the company's disclosure that it is conducting an internal investigation related to possible FCPA violations, saying that the overhang created will likely make the stock "uninvestable" to many investors. Shirvaikar lowered his price target on Cognizant shares to $55 from $68.
09/30/16
JPMS
09/30/16
NO CHANGE
JPMS
Cognizant weakness overstates potential penalties, says JPMorgan
09/30/16
ARGS
09/30/16
DOWNGRADE
ARGS
Hold
Cognizant downgraded to Hold from Buy at Argus
10/03/16
DBAB
10/03/16
NO CHANGE
Target $69
DBAB
Buy
Deutsche says Cognizant fundamentals unlikely hurt by probe and executive change
Deutsche Bank analyst Bryan Keane said that Cognizant's internal investigation on improper payments made in India, while clearly a negative, is similar to fines and issues encountered by other U.S. multinationals conducting business in India. Also, Keane believes the resignation of President Gordon Coburn is "larger to the investment community than it is internally." After speaking to CFO Karen McLoughlin, Keane does not see any change in Cognizant's fundamental position and keeps a Buy rating with a $69 price target on the shares.

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MON

Monsanto

$117.25

-0.55 (-0.47%)

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  • 28

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TYG

Tortoise Energy

$29.13

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GBT

Global Blood Therapeutics

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UNF

UniFirst

$139.05

-1.25 (-0.89%)

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  • 28

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UNF

UniFirst

$139.05

-1.25 (-0.89%)

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  • 28

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MNRO

Monro Muffler

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NUVA

NuVasive

$75.54

-1.15 (-1.50%)

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CA

CA Technologies

$34.62

-0.19 (-0.55%)

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XPO

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$60.84

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CBI

CB&I

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LMNX

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NVIV

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MSA

MSA Safety

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HCA

HCA Holdings

$86.01

-0.61 (-0.70%)

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STT

State Street

$87.90

0.08 (0.09%)

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OLN

Olin Corp.

$29.31

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