Morgan Stanley Maintains Equal Weight Rating on LTIMindtree with ₹6,300 Target Price
Morgan Stanley has assigned an Equal Weight rating to LTIMindtree with a target price of ₹6,300 per share. The neutral rating reflects the brokerage's assessment that the IT services company's stock is likely to perform in line with market averages, providing investors with professional guidance for their investment considerations.
*this image is generated using AI for illustrative purposes only.
Morgan Stanley has maintained an Equal Weight rating on LTI Mindtree , setting a target price of ₹6,300 per share for the IT services company.
Brokerage Assessment
The Equal Weight rating indicates Morgan Stanley's neutral outlook on LTIMindtree's stock performance. This rating typically suggests that the brokerage expects the stock to perform in line with the broader market or sector averages.
| Rating Details: | Specification |
|---|---|
| Brokerage: | Morgan Stanley |
| Rating: | Equal Weight |
| Target Price: | ₹6,300 |
Investment Perspective
The ₹6,300 target price reflects Morgan Stanley's valuation assessment of LTIMindtree based on current market conditions and the company's business fundamentals. An Equal Weight rating generally indicates that while the stock may not be expected to significantly outperform the market, it is also not viewed as underperforming relative to sector peers.
This brokerage recommendation provides investors with professional analysis to consider alongside their own research when making investment decisions regarding LTIMindtree shares.
Historical Stock Returns for LTI Mindtree
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.91% | -0.61% | -3.77% | +16.39% | +2.38% | +45.77% |
20
