← Back to feedRead original →
VERIFIEDET Markets·negative
KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages said
AI Summary
- ·KPIT Technologies shares declined following a weak preliminary Q1 FY27 business update.
- ·JPMorgan and JM Financial were among brokerages that downgraded the stock and reduced target prices.
- ·Analysts anticipate near-term earnings and growth to be under pressure despite long-term optimism.