Pacific Crest has initiated coverage of various IT stocks including Accenture Plc ACN and Cognizant Technology Solutions Corp CTSH, both at Overweight.
EPAM Systems Inc EPAM at Overweight
Luxoft Holding Inc LXFT at Sector Weight
Globant SA GLOB at Sector Weight
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At Time Of Writing...
- 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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Posted In: Analyst ColorLong IdeasPrice TargetInitiationAnalyst RatingsTechTrading IdeasPacific Crest
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