The shares of Persistent Systems have steam to rally another 40% on the back of multiple growth drivers, CLSA said on December 5 and raised the target price on the stock to the highest ever. CLSA believes that shares of Persistent Systems can rally up ₹8,462, an upside of more than 40% from previous closing price on December 4. The brokerage has given the IT stock an ‘outperform’ rating.
Source: FlipItMoney
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