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Goldman Sachs cuts price target for TCS, Infosys, Wipro

Goldman Sachs has cut the price target for India's No. 1 software services exporters, Tata Consultancy Services , to Rs 1,115 from Rs 1,264 per share due to nagging worries about the health of the US economy.

Updated on: Sep 5, 2011, 11:00:59 IST
Reuters | By , Mumbai
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Goldman Sachs has cut the price target for India's No. 1 software services exporters, Tata Consultancy Services , to Rs 1,115 from Rs 1,264 per share due to nagging worries about the health of the US economy.

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HT Image

It also lowered the price target for Infosys to Rs 3,004 per share from Rs 3,330 and Wipro Ltd to Rs 390 from Rs 440.