Cognizant (CTSH +4.4%) is rallying after disclosing in an 8-K its top execs will be receiving...

|About: Cognizant Technology Soluti... (CTSH)|By:, SA News Editor

Cognizant (CTSH +4.4%) is rallying after disclosing in an 8-K its top execs will be receiving restricted stock grants tied to "the achievement of certain performance milestones." Oppenheimer sees the disclosure as a sign the IT outsourcing firm will see additional share gains in 2013. Cognizant shares rallied strongly in August and September, but have been range-bound since then.