Wipro (WIT) Misses Q3 EPS by 1c, Beats on Revenues; Offers Q4 Revenue Guidance Below Consensus

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Go back to Wipro (WIT) Misses Q3 EPS by 1c, Beats on Revenues; Offers Q4 Revenue Guidance Below Consensus

Wipro Ltd. (WIT) PT Raised to $323 at BofA/Merrill Lynch Following 3Q Report

January 22, 2018 7:20 AM EST

BofA/Merrill Lynch raised its price target on Wipro Ltd. (NYSE: WIT) to $323.00 (from $315.00) while maintaining a Neutral rating following the company's 3Q earnings report. Revenue growth of 0.9% qoq and 2.8% yoy and the recurring EBIT margin of 17.2% were broadly in line with consensus... More