Cognizant gains as Wells Fargo raises PT on strong margins
ReutersJan 14, 2026 2:38 PM
IT consulting firm Cognizant's CTSH.O shares rise 1.4% to $85.64
Wells Fargo raises PT to $98 from $87, implying upside of 16% to stock's last close
Brokerage notes co is trading at ~15% discount to Indian IT services peer group, narrowing from historical ~35% gap due to improved organic growth and strong margins
Avg. rating of 28 analysts is "hold;" their median PT is $87 - data compiled by LSEG
Stock gained 7.9% in 2025
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