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LTIMindtree Limited (LTIM) was downgraded to a Sell Rating at Investec

LTIMindtree Limited (LTIM) was downgraded to a Sell Rating at Investec

LTIMindtree Limited received a Sell rating and a INR4,960.00 price target from Investec analyst Nitin Padmanabhan today. The company's shares closed last Friday at INR5,124.00.
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Padmanabhan covers the Technology sector, focusing on stocks such as LTIMindtree Limited, L&T Technology Services Ltd., and Tech Mahindra Limited. According to TipRanks, Padmanabhan has an average return of 9.8% and a 64.52% success rate on recommended stocks.
In addition to Investec, LTIMindtree Limited also received a Sell from Citi's Surendra Goyal in a report issued on July 18. However, on the same day, CLSA maintained a Hold rating on LTIMindtree Limited (NSE: LTIM).
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