Susquehanna raises Cognizant PT on clearer AI monetization path

Cognizant Technology Solutions

23/01/2026 13:17

** Susquehanna raises PT on Cognizant CTSH.O to $98 from $90

** New PT implies a 15.8% upside to stock's last close

** Brokerage says the tone from its industry checks points to durable broad-based growth, tempered by exposure to smaller, discretionary deals

** Adds that with increasing emphasis on IT services workloads, it sees a clearer path for CTSH to monetize efforts to industrialize AI and embed agents across enterprise software

** 12 of 29 brokerages recommend "buy" or higher, 16 "hold" and one "sell"; median PT is $87.44 - data compiled by LSEG

** CTSH rose ~8% in 2025

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))