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Coforge Q2 Review: Brokerages Raise Targets As Record Deals Lift Margin Outlook

Coforge Q2 Review: Brokerages Raise Targets As Record Deals Lift Margin Outlook

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Coforge's revenue missed expectations, but record deal wins and higher margin guidance supported a positive response from most brokerages. Jefferies, Kotak Securities and JPMorgan raised their target prices, while Citi retained Sell, flagging weak organic growth and order book trends.

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