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VERIFIEDET Stocks·negative
IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's why
AI Summary
- ·CLSA has downgraded several large Indian IT stocks, including TCS, Infosys, and Wipro.
- ·The brokerage cited continued AI-related concerns as the reason for the downgrades.
- ·CLSA maintains a bullish outlook on select mid-tier IT companies.