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Analysts Offer Insights on Technology Companies: Cognizant (CTSH) and Workday (WDAY)

Tipranks - Tipranks - Thu Feb 5, 6:58PM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cognizant (CTSH – Research Report) and Workday (WDAY – Research Report).

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Cognizant (CTSH)

In a report released yesterday, Bryan Bergin from TD Cowen maintained a Hold rating on Cognizant, with a price target of $85.00. The company’s shares closed last Wednesday at $76.71.

According to TipRanks.com, Bergin is a 2-star analyst with an average return of 0.4% and a 47.4% success rate. Bergin covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Automatic Data Processing, and Fidelity National Info. ;'>

Cognizant has an analyst consensus of Moderate Buy, with a price target consensus of $93.75, a 28.2% upside from current levels. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a $81.00 price target.

See the top stocks recommended by analysts >>

Workday (WDAY)

In a report released today, Jake Roberge from William Blair maintained a Buy rating on Workday. The company’s shares closed last Wednesday at $170.15.

According to TipRanks.com, Roberge has 0 stars on 0-5 stars ranking scale with an average return of -4.6% and a 39.4% success rate. Roberge covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Mitek Systems, and Jamf Holding. ;'>

Currently, the analyst consensus on Workday is a Moderate Buy with an average price target of $272.15, which is a 71.2% upside from current levels. In a report issued on January 21, TipRanks – PerPlexity also upgraded the stock to Buy with a $208.00 price target.

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