UBS Upgrades Coforge, Tech Mahindra, Mphasis; Cuts HCL Tech, Persistent — Target Prices Hiked Up To 59%
UBS has upgraded Tech Mahindra to Buy from Neutral and raised its target price to Rs 1,865 from Rs 1,460. The brokerage has also upgraded Coforge to Buy from Neutral, with the target price sharply increased to Rs 2,400 from Rs 1,505.
