FinanceET Techabout 1 hour ago
Jefferies raises IT stock targets
2 min read
Jefferies analysts raise target prices for Infosys and TCS by 14-18% to ₹1,160 and ₹2,125 respectively. The brokerage maintains a hold rating for Infosys and an underperform rating for TCS. This move occurs despite a muted revenue growth outlook for the sector over FY26-29 and potentially worsening sentiment on global AI capex.
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