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JP Morgan 'overweight' on TCS, ups target price

JP Morgan has retained its 'overweight' rating on Tata Consultancy Services following the fourth quarter numbers. The brokerage house has raised the price target and earnings per share estimates for Asia’s largest IT services firm, citing continued revenue growth and improved profitability.

April 25, 2011 / 11:08 IST
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JP Morgan has retained its 'overweight' rating on Tata Consultancy Services following the fourth quarter numbers. The brokerage house has raised the price target and earnings per share estimates for Asia

first published: Apr 25, 2011 11:01 am

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