Views mixed on TCS on weak Q3 margins

Brokerages have mixed views on Tata Consultancy Services after the IT major's better than expected December quarter revenues but missed margin estimates. While Credit Suisse, Jefferies, Bernstein, Nomura, and BNP Paribas increased their target price for TCS, Goldman Sachs reduced it. JP Morgan and Morgan Stanley maintained their target prices.

from Stocks-Markets-Economic Times https://ift.tt/33viIdh

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