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Cognizant Trading Volume Drops 53.61% to $211 Million Despite Stock Price Gains and JPMorgan Upgrade
Generated by AI AgentAinvest Market Brief
Monday, May 19, 2025 8:03 pm ET1min read
On May 19, 2025,
Corporation (CTSH) saw a trading volume of $211 million, marking a 53.61% decrease from the previous day. The stock price rose by 0.16%, marking the third consecutive day of gains, with a total increase of 1.51% over the past three days.JPMorgan has upgraded Cognizant Technology Solutions from Neutral to Overweight, reflecting the company's significant strides in closing
with its competitors. The price target has been raised to $98 from $88, indicating a bullish outlook on the company's future performance.JPMorgan's upgrade is based on the company's strong position in the IT services sector and its potential for growth. The firm's analysts believe that Cognizant is well-positioned to capitalize on the increasing demand for AI and other advanced technologies, which are expected to drive growth in the coming years.
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