Cognizant Technology Solutions Corporation (CTSH) was a big mover last session, as the company saw its shares rise above 6% on the day. The upside came on the company’s announcement of record second-quarter 2015 results. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $59.03–$63.29 in the past one-month time frame.
In the last 30 days, the company has seen one downward estimate revision, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cognizant currently carries a Zacks Rank #4 (Sell).
A better-ranked business software and services stock is MSCI Inc. (MSCI), which holds a Zacks Rank #2 (Buy).
Is CTSH going up? Or down? Predict to see what others think: Up or Down
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