Goldman Sachs Downgrades Wipro Ltd. (WIT) to Sell
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Price: $5.25 +1.74%
Rating Summary:
4 Buy, 9 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
4 Buy, 9 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Goldman Sachs downgraded Wipro Ltd. (NYSE: WIT) from Neutral to Sell.
The firm said that despite signs of recovery, the company will continue to lag its large-cap peers in revenue / EPS growth. Shares are also trading at a 8% premium to Infosys Limited (Nasdaq: INFY).
For an analyst ratings summary and ratings history on Wipro Ltd. click here. For more ratings news on Wipro Ltd. click here.
Shares of Wipro Ltd. closed at $11.28 yesterday.
The firm said that despite signs of recovery, the company will continue to lag its large-cap peers in revenue / EPS growth. Shares are also trading at a 8% premium to Infosys Limited (Nasdaq: INFY).
For an analyst ratings summary and ratings history on Wipro Ltd. click here. For more ratings news on Wipro Ltd. click here.
Shares of Wipro Ltd. closed at $11.28 yesterday.
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