Wipro Q4 earnings get thumbs up from brokerages | Editorji
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Wipro Q4 earnings get thumbs up from brokerages

Apr 16, 2021 08:18 IST | By Editorji News Desk

Wipro with a 3% revenue growth in Q4 and a guidance of  2%-4% for the coming quarter may have impressed brokerages but many are in wait and watch mode for the new management's strategy to play out. 

CLSA noted that the new management has an aggressive approach going ahead and has raised the  stock's price target to Rs 450/share. While Jefferies maintains a much lower price price target at Rs 380/share as they expect salary hikes to keep the lid on EPS growth

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