Brokerage Radar: Goldman Sachs has 'neutral' call on Mindtree's stock while BofA has downgraded rating on Infosys shares. Here are today's top brokerage calls:
Morgan Stanley on Mindtree | The company management is confident about managing margin at a level more than 20 percent going forward, Morgan Stanley highlighted. The brokerage house has maintained an 'equal-weight' rating on shares of Mindtree.
Nomura on Mindtree | The brokerage house has maintained its 'neutral' rating on shares of Mindtree with a target price of Rs 4,640.
BofA on IT stocks | The brokerage house has a 'neutral' rating on Infosys and TCS shares while it recommends buying HCL Technologies and Tech Mahindra shares. However, it has an 'underperform' call on Wipro shares.