Analysts At Pacific Crest Begin Coverage On Accenture, Cognizant And Other IT Stocks - Cognizant Tech Solns (NASDAQ:CTSH), Accenture (NYSE:ACN)

Pacific Crest has initiated coverage of various IT stocks including

Accenture Plc ACN

and

Cognizant Technology Solutions Corp CTSH

, both at Overweight.

The brokerage has also started coverage of:

EPAM Systems Inc EPAM at Overweight

Luxoft Holding Inc LXFT at Sector Weight

Globant SA GLOB at Sector Weight

Shares of Accenture closed Monday's trading at $115.46, while Wall Street analysts have a mean price target of $123.33. The stock was recently seen trading up 1.34 percent on the day at $117.01.
Cognizant ended Monday's trade at $58.44, while analysts' mean target came in at $$69.33. The stock was up 0.17 percent on the day at $58.54.
EPAM Systems closed Monday's regular trading at $65.92 versus analysts' mean price target of $81.23. It was up 1.37 percent at $66.82.
Luxoft Holding ended Monday's trading at $50.97, while analysts have a mean target price of $68.66. The stock was up 1.94 percent at $51.96.
Globant closed Monday's regular session at $40.12. Analysts' mean target stood at $36.86. It was up 0.45 percent at $40.30.

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