Cognizant Renews Strategic Collaboration with Travel + Leisure Co.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Strategic Renewal: Cognizant has renewed a multi-million dollar strategic collaboration with Travel + Leisure Co. aimed at modernizing technology infrastructure and infusing AI to enhance member experiences and accelerate digital transformation.
- Technology Optimization Goals: Cognizant will leverage its hospitality domain expertise to optimize Travel + Leisure Co.'s technology ecosystem, targeting improved digital service experiences for 800,000 owner families and travel club members.
- Infrastructure Modernization: Throughout the agreement, Cognizant will assist in modernizing the application landscape, enhancing infrastructure scalability and reliability, while harnessing data- and AI-driven capabilities to meet evolving market demands.
- Aligned Vision: Sy Esfahani, CTO of Travel + Leisure Co., noted that renewing the partnership reflects the deep trust built over the years, with Cognizant's technology expertise set to propel their digital transformation and enhance service quality.
Analyst Views on CTSH
Wall Street analysts forecast CTSH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CTSH is 87.18 USD with a low forecast of 80.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
5 Buy
10 Hold
0 Sell
Moderate Buy
Current: 84.650
Low
80.00
Averages
87.18
High
100.00
Current: 84.650
Low
80.00
Averages
87.18
High
100.00
About CTSH
Cognizant Technology Solutions Corporation engineers modern businesses. Its services include artificial intelligence (AI) and other technology services and solutions, consulting, application development, systems integration, quality engineering and assurance, application maintenance, infrastructure and security as well as business process services and automation. Its segments include Health Sciences (HS), Financial Services (FS), Products and Resources (P&R), and Communications, Media and Technology (CMT). HS segment consists of healthcare providers and payers, and life sciences companies. FS segment includes banking, capital markets, payments and insurance companies. P&R segment includes manufacturers, automakers, retailers, consumer goods companies, and travel and hospitality companies, as well as businesses providing logistics, energy and utility services. CMT segment includes global communications, media and entertainment, education, information services and technology companies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
