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Broker call▼ Bearish for TCS
TCS In Focus: Citi Cuts Target, Retains 'Sell' Rating Amid Sector Challenges — Key Details Inside
The brief
- Citi retains a 'Sell' rating on TCS and cuts its target price
- The revised target implies 10% downside from TCS' September 25 close of Rs 2,083.95
- A bearish target revision pressures TCS shares and sentiment across Indian IT services
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