Did Morgan Stanley change its rating on Cognizant?

The source only mentioned a price target cut, not a rating change.

What is Cognizant's dividend yield?

The annual dividend yield is 3.37%.

Why did Morgan Stanley cut the price target?

Reasons were not provided, but may relate to valuation or growth concerns.

Morgan Stanley Cuts Cognizant Price Target: Here's Why

Morgan Stanley cut its price target on Cognizant Technology Solutions (CTSH) on June 23. The stock offers a 3.37% annual dividend yield and is among top NASDAQ dividend picks.

June 27, 2026

1 min read

Source: Insider Monkey

Key Numbers

annual dividend yield

3.37%

Morgan Stanley lowered its price target on Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on June 23, though the new target and previous rating were not disclosed in the available summary. Cognizant, an AI builder and technology services provider, offers an annual dividend yield of 3.37%, placing it among the 12 best NASDAQ stocks for dividends.

Rating Change

The previous rating and new price target were not specified. The cut indicates a more cautious stance.

Analyst's Rationale

Specific reasons were not provided. Typically, such cuts reflect valuation concerns, growth outlook, or market conditions.

Context

Cognizant operates in a competitive tech services sector. Its 3.37% dividend yield attracts income investors, but the price target cut may raise growth concerns.

What to Make of It

Investors should monitor upcoming earnings and other analyst opinions for a fuller picture.

Frequently Asked Questions

The new price target was not disclosed in the available source.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.