Price targets, ratings of big IT companies cut on 'downside risks'
- Posted on February 24, 2026
- By Business News Today
- 3 Views
Price targets, ratings of big IT companies cut on 'downside risks'
Jefferies has downgraded several major Indian IT stocks, including Infosys and TCS, citing AI-related disruptions and greater downside risks. The brokerage shifted its preference to mid-sized IT firms, identifying Coforge, Sagility, and IKS as top picks with projected returns of 19-26%.
