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Citigroup raises Cognizant price target to $68 amid expanded Google Cloud AI partnership.

Analyst Insights
19 Oct 2026
Andrew Wynn
View Source
Bullish
Citigroup raises Cognizant price target to $68 amid expanded Google Cloud AI partnership.

Citigroup increased its price target for Cognizant from $60 to $68 while maintaining a Neutral rating. Cognizant is deepening its AI collaboration with Google Cloud, focusing on integrating AI tools and training over 73,000 employees. The stock trades near $66.79 with a market cap of about $30.1 billion. This partnership aims to help clients adopt AI technologies more widely in daily operations, signaling growth potential for Cognizant in the IT services sector.

Cognizant's stock is trading at USD 67.80 on Pluang, slightly above the article's noted price of $66.79. The stock has gained 1.51% in the past day and holds a market cap of $30.08 billion. This data is current as of Oct 20, 2026 20:31 WIB.

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