The brokerage increased its target price on Persistent Systems by 77 percent to Rs 8,058 from Rs 4,536 earlier, and on ...
The brokerage said financial services and energy, utilities and resources segments are showing decent momentum, which could ...
Infosys has seen its modeled fair value trimmed from ₹1,770.53 to ₹1,724.32, a reduction of about 2.6% in the price target embedded in the latest assumptions. This shift lines up with more cautious ...
Despite the cut in price targets, CLSA has reiterated its "outperform" rating on most of these names, barring Wipro, where it has a "hold" rating. The "high-conviction outperform" rating comes for ...
Stock analysts largely retained their 'Buy' ratings on Infosys Ltd after the IT major reported its December quarter results, citing a revenue beat and early signs of discretionary demand reflected in ...
Global brokerage Jefferies has slashed price targets by up to 33 per cent on eight major Indian IT firms, including TCS, ...
After a sharp correction in 2026, Anand Rathi believes Indian IT stocks such as Infosys, HCLTech, LTIMindtree, Persistent Systems and Mphasis could deliver up to 29% upside.
Despite these cuts, Kotak Institutional Equities said that IT services will remain relevant in the long-term and they are not changing their terminal growth assumptions. It prefers Infosys, TCS, and ...
Jefferies downgraded Infosys, TCS and four other IT shares due to concerns over artificial intelligence, leading to a fourth consecutive day of decline for the IT index.
CLSA says fears of AI disruption in Indian IT are overblown after talks with TCS, Infosys, HCLTech and Wipro. Brokerage sees over 100% upside in Coforge and strong deal pipeline across the sector.
Citi said it continues to rank Infosys and HCL Technologies relatively higher within its coverage, while remaining cautious on the overall sector outlook.