Jefferies Downgrades Six IT Stocks On U.S. Recession Fears; Infosys Top Pick - BQ Prime

Jefferies also slashed its price targets on these firms by 20-45%.

In a recessionary environment, however, Jefferies said large IT firms are better placed. Clients may fund their transformation programmes by lowering discretionary spends, increasing large outsourci… [+1187 chars]

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