Six IT shares downgraded by Jefferies, value targets lower as much as 33% on AI woes; Details right here
As many as six IT shares, Infosys, HCLTech, Mphasis, LTIMindtree, TCS and Hexaware Technologies, have been downgraded by brokerage agency Jefferies on Monday, February 23, with their respective value targets being lower by as much as 33%, together with a lower to their Earnings Per Share (EPS) estimates by 1% to 4%. 3 Min Read…