Analysts Have Conflicting Sentiments on These Technology Companies: Microchip (MCHP) and Cognizant (CTSH)
Analysts have been eager to weigh in on the Technology sector with new ratings on Microchip (MCHP – Research Report) and Cognizant (CTSH – Research Report).
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Microchip (MCHP)
Truist Financial analyst William Stein maintained a Hold rating on Microchip today and set a price target of $64.06. The company’s shares closed last Thursday at $64.06.
According to TipRanks.com, Stein is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Microchip with a $74.67 average price target, a 14.3% upside from current levels. In a report issued on December 5, Bank of America Securities also reiterated a Hold rating on the stock with a $72.00 price target.
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Cognizant (CTSH)
Wells Fargo analyst Jason Kupferberg maintained a Buy rating on Cognizant yesterday and set a price target of $96.00. The company’s shares closed last Thursday at $83.76.
According to TipRanks.com, Kupferberg is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cognizant with a $87.20 average price target, a 4.3% upside from current levels. In a report issued on December 3, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $88.00 price target.
