Cognizant (NASDAQ: CTSH) Ratings Reiterated

Cognizant (NASDAQ: CTSH) had ratings on them reiterated by analysts.

Morgan Stanley (NYSE:MS) reiterated its "Equal Weight" rating on Cognizant (CTSH).

Citigroup reiterated its "Buy" rating on Cognizant. They have a price target of $88.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Overweight" rating on Cognizant.

Oppenheimer reiterated its "Outperform" rating on Cognizant. They have a price target of $82.00 on the company.

Arch Coal (ACI) (CTSH) (DYN) (CELL) Upgraded

Arch Coal Inc (NYSE: ACI), Cognizant Technology Solutions (Nasdaq: CTSH), Dynegy (NYSE: DYN) and Brightpoint (Nasdaq: CELL) upgraded by analysts.

Needham & Company upgraded Cognizant Technology Solutions (CTSH) from "Buy" rating to a "Strong Buy" rating. They have a price target of $100 on the company.

Macquarie upgraded Dynegy (DYN) from an "Underperform" rating to a "Neutral" rating. They have a price target of $5 on the company.

BMO Capital upgraded Arch Coal Inc. (ACI) from a "Market Perform" rating to an "Outperform" rating. They have a price target of $35 on the company, up from $30.

Citigroup (NYSE:C) upgraded Brightpoint (CELL) from a "Hold" rating to a "Buy" rating.

KiOR (KIOR) (CTSH) (AMRS) (CSC) (INFY) Get New Coverage

Kior Inc (NASDAQ: KIOR), Cognizant (NASDAQ: CTSH), Amyris Inc (NASDAQ: AMRS), Computer Sciences (NYSE: CSC) and Infosys Technologies Ltd (NASDAQ: INFY) get new coverage from analysts.

Credit Suisse (NYSE:CS) initiated coverage on KiOR Inc. (KIOR). They started them off with an “Outperform” rating and a price target of $25.00 on the company.

BMO Capital Markets initiated coverage on Cognizant (CTSH). They placed an “Outperform” rating and a price target of $86.00 on the company.

Piper Jaffray (NYSE:PJF) initiated coverage on Amyris Inc (AMRS). They placed a “Neutral” rating on the company.

BMO Capital Markets initiated coverage on Computer Sciences (CSC). They placed a “Market Perform” rating on the company.

BMO Capital Markets initiated coverage on Infosys Technologies Ltd (INFY). They placed a “Market Perform” rating on the company.

KiOR (KIOR) (CTSH) (AMRS) (CSC) (INFY) Get New Coverage

Kior Inc (NASDAQ: KIOR), Cognizant (NASDAQ: CTSH), Amyris Inc (NASDAQ: AMRS), Computer Sciences (NYSE: CSC) and Infosys Technologies Ltd (NASDAQ: INFY) get new coverage from analysts.

Credit Suisse (NYSE:CS) initiated coverage on KiOR Inc. (KIOR). They started them off with an “Outperform” rating and a price target of $25.00 on the company.

BMO Capital Markets initiated coverage on Cognizant (CTSH). They placed an “Outperform” rating and a price target of $86.00 on the company.

Piper Jaffray (NYSE:PJF) initiated coverage on Amyris Inc (AMRS). They placed a “Neutral” rating on the company.

BMO Capital Markets initiated coverage on Computer Sciences (CSC). They placed a “Market Perform” rating on the company.

BMO Capital Markets initiated coverage on Infosys Technologies Ltd (INFY). They placed a “Market Perform” rating on the company.

Apple (AAPL) (MPC) (CBS) (CTSH) (EMR) (LNC) EPS Estimates Changed

Apple, Inc (NASDAQ: AAPL), Marathon Petroleum (NYSE: MPC), CBS (NYSE: CBS), Cognizant (NASDAQ: CTSH), Emerson Electric Co. (NYSE: EMR) and Lincoln National Co. (NYSE: LNC) EPS estimates adjusted by analysts.

Jefferies (NYSE:JEF) boosted its EPS estimates on Apple, Inc. (AAPL). They have a “Buy” rating and a price target of $500.00 on the company.

Morgan Stanley (NYSE:MS) raised its EPS estimates on Marathon Petroleum (MPC). They have an “Overweight” rating and a price target of $58.00 on the company.

UBS AG (NYSE:UBS) raised its EPS estimates on CBS (CBS). They have a “Buy” rating and a price target of $31.00 on the company.

Citigroup (NYSE:C) raised its EPS estimates on Cognizant (CTSH). They have a “Buy” rating and a price target of $88.00 on the company.

Goldman Sachs (NYSE:GS) lowered its EPS estimates on Emerson Electric Co. (EMR). They have a “Buy” rating and a price target of $58.00 on the company.

UBS AG raised its EPS estimates on Lincoln National Co. (LNC). They have a “Buy” rating and a price target of $41.00 on the company.

J.B. Hunt (JBHT) (BKS) (CBST) (CTSH) (FXCM) Ratings Reiterated

Barnes & Noble Inc (NYSE: BKS), Cubist Pharmaceuticals, Inc. (NASDAQ: CBST), Cognizant (NASDAQ: CTSH), FXCM Inc (NASDAQ: FXCM) and J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) ratings reiterated by analysts.

Barnes & Noble Inc (BKS) ratings reiterated at an “outperform” by Morgan Keegan.

Cubist Pharmaceuticals, Inc. (CBST) ratings reiterated at “neutral” by Bank of America (NYSE: BAC).

Cognizant (CTSH) ratings reiterated at “overweight” by JPMorgan Chase & Co. (NYSE: JPM).

FXCM (FXCM) ratings reiterated at “overweight” by JPMorgan Chase & Co.. They have a price target of $15.00 on the company.

J.B. Hunt Transport Services, Inc. (JBHT) ratings were reiterated “hold” by Citigroup (NYSE:C).

Cognizant Technology (NASDAQ:CTSH) Ready to Rumble on Momentum, Secular Tailwinds

Cognizant Technology Solutions (NASDAQ:CTSH) looks like they're going to take off, based on strong secular tailwinds and business momentum.

UBS (NYSE:UBS) says, "Given CTSH’s continuing business momentum and share gains, coupled with powerful secular tailwinds in the offshore IT services market (our “multiplier effect” thesis), we maintain our Buy rating on CTSH, and are raising our estimates and price target. We wouldn’t be surprised by near-term volatility/profit-taking in CTSH after a big run and with expectations running relatively high ahead of February guidance, but we think favourable fundamentals will trump valuation this year, enabling shares to move higher during 2011."

UBS maintains a "Buy" rating on Cognizant Technology Solutions, which closed Friday at $75.09, down $0.42, or 0.56 percent. UBS raised their price target on Cognizant from $71 to $86.

Cognizant Technology Solutions (NASDAQ:CTSH) Shares Fairly Valued Says Barclay (NYSE:BCS)

Cognizant Technology Solutions (NASDAQ:CTSH) should have a good 2011, says Barclays (NYSE:BCS), but the share price of the stock already reflects that, and there isn't much upside in the near term.

Barclays noted, "CTSH enjoyed strong momentum in 2010, with shares rising 62% during the year (vs. the S&P 500 up 13%). While we continue to believe fundamentals are shaping up for a very solid 2011, at 28x CY 2011 EPS, we now consider shares fairly valued even considering the company's above-average growth prospects. Accordingly, we are reducing our rating."

Barclays downgraded Cognizant Technology Solutions from "Overweight" to "Equal Weight." Cognizant closed Friday at $75.09, down $0.42, or 0.56 percent