Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Technology Companies: KLA (KLAC) and Cognizant (CTSH)

Tipranks - Sat Mar 14, 12:34AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on KLA (KLACResearch Report) and Cognizant (CTSHResearch Report).

Claim 70% Off TipRanks Premium

KLA (KLAC)

TD Cowen analyst Krish Sankar maintained a Buy rating on KLA today and set a price target of $1800.00. The company’s shares closed last Thursday at $1409.57.

According to TipRanks.com, Sankar is a top 100 analyst with an average return of 39.9% and a 64.1% success rate. Sankar covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Ultra Clean Holdings, and SkyWater Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KLA with a $1712.35 average price target, implying a 16.9% upside from current levels. In a report released today, TipRanks – Anthropic also upgraded the stock to Buy with a $1558.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Cognizant (CTSH)

In a report released today, Bryan Bergin from TD Cowen assigned a Hold rating to Cognizant, with a price target of $71.00. The company’s shares closed last Thursday at $61.18.

According to TipRanks.com, Bergin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.1% and a 40.7% success rate. Bergin covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Automatic Data Processing, and Fidelity National Info. ;'>

Currently, the analyst consensus on Cognizant is a Moderate Buy with an average price target of $90.21, representing a 46.1% upside. In a report issued on February 27, TipRanks – OpenAI also downgraded the stock to Hold with a $67.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.