BUZZ-Cognizant rises after William Blair upgrades to 'outperform'

Reuters11-21

** IT consulting firm Cognizant's CTSH.O shares rise 3.1% to $74.60

** William Blair upgrades rating to "outperform" from "market perform"

** "We believe healthier bookings driven by large deals, stable growth in key verticals, and AI momentum are set to continue into 2026, propelling Cognizant to more share gains and sustained single-digit organic growth, even if the macro remains constrained" - brokerage

** Avg rating of 28 anaysts is "buy," their median PT is $84 - data compiled by LSEG

** Up to last close, stock has fallen 5.9% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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