1 / 5Citi on Wipro: The brokerage upgraded the stock to 'buy' after the earnings announcement and raised its target to Rs 510 per share from Rs 460 earlier. It added that valuations are at a 30 percent and 18 percent discount to TCS and Infosys.
2 / 5CLSA on Wipro: The brokerage maintains an 'underperform' call on the stock with a target at Rs 450 per share. Given an elevated valuation, it retains the 'wait and watch' stance.
3 / 5Jefferies on Wipro: The brokerage maintains an 'underperform' call on the stock with a target at Rs 380 per share. It said that revenue and margin were marginally ahead of estimates, adding that revenue growth was broad-based across markets and verticals.
4 / 5UBS on Wipro: The brokerage is 'neutral' on the stock with a target at Rs 470 per share. It added that Q1FY22 guidance was much better than their estimate of -1 to 1 percent.
5 / 5Nomura on Wipro: The brokerage upgraded the stock to 'neutral' and raised the target to Rs 425 per share from Rs 410 earlier. It said that the company is positioned to close some of the revenue growth gaps with peers.
