Wipro Multibagger Stock: Price target, future outlook, buy or sell?
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Wipro Share Price
Wipro's stock has been volatile since the release of its quarterly results on Friday, January 17th. On Monday, the stock saw a surge of up to 8.5%.
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Buy or Sell Wipro Share?
Wipro's 52-week high is ₹319, reached on December 20, 2024. Various brokerage firms have issued reports following the quarterly results.
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Wipro Share Target Price
CLSA has given Wipro an Accumulate rating with a target of ₹338. Nomura has a Buy rating with a target of ₹340, and Macquarie has an Outperform rating with a target of ₹330.
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Neutral Rating on Wipro Share
JP Morgan has a Neutral rating with a target of ₹290 for Wipro. Jefferies upgraded its rating from Underperform to Hold with a target of ₹300.
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Advice to Sell Wipro Share
Goldman Sachs recommends selling Wipro with a target of ₹273. CITI also advises selling with a target of ₹280.
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Wipro Share Underperform Rating
Bernstein has given Wipro an Underperform rating with a target of ₹240, down from ₹230. This is significantly lower than the current price.
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Note
Consult your market expert before making any investment decisions.