Goldman Sachs Downgrades Wipro Ltd. (WIT) to Sell
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Price: $1.89 -1.05%
Rating Summary:
3 Buy, 11 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 11 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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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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