Cognizant price target raised to $100 from $95 at Guggenheim

Guggenheim analyst Jonathan Lee raised the firm’s price target on Cognizant (CTSH) to $100 from $95 and keeps a Buy rating on the shares. Channel checks lead the firm to expect Cognizant to deliver toward the high end of its outlook for the quarter while setting up for a calendar year 2026 outlook of 3.5% to 6.5% year-over-year constant currency revenue growth, the analyst tells investors in a preview.