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Macro concerns may limit headroom for TCS stock: Analysts | Economic Times

Macro concerns may limit headroom for TCS stock: Analysts https://ift.tt/3mcDFl2 Morgan has retained an underweight rating on TCS with an unchanged target price of ₹2,800. "We expect margins to stay below 25% over the next three years and earnings growth to be in the single digits which makes these valuations excessive," said JP Morgan.
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