Morgan Stanley Upgrades Wipro (WIT) to Equalweight
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 23 2025
0mins
Should l Buy ?
Source: Yahoo Finance
Morgan Stanley Upgrade: Morgan Stanley upgraded Wipro Ltd. from Underweight to Equalweight, raising the price target from $2.49 to $3.05, citing improved momentum in securing large deals and a more neutral risk-reward balance.
Operational Resilience: Despite sluggish revenue growth, Wipro has maintained stable operating margins, indicating effective cost control, and potential improvements in capital allocation could enhance shareholder sentiment moving forward.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
