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Check out the IT stocks seeing most price upgrades

Check out the IT stocks seeing most price upgrades
Check out the IT stocks seeing most price upgrades

Synopsis

Analysts said the expectation in the market was that that revenue decline in dollar terms for the first quarter would be 5-7 per cent. Except for TCS and Wipro, the decline was 0-5 per cent, said analysts.

Mumbai: Technology shares have seen some of the biggest target price upgrades by analysts after the June quarter results as these companies are seen to be among the best insulated in the downturn. Analysts increased their price targets on shares of companies — both large- and mid-cap — by 11-29 per cent. Though many of these stocks are close to these targets after the recent rally, analysts think there is more room for upside. TCS, Infosys and
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The Economic Times