JPMorgan, Jefferies Both Flag Downside for HCL Tech Despite Split on Target Prices

Both brokerages maintain bearish ratings on HCL Tech with targets of ₹1,060–₹1,070; Jefferies cuts by ₹95 on dimmer growth outlook while JPMorgan nudges target up ₹60, signalling no relief rally ahead.

bt-corporate · 7/14/2026, 3:01:22 AM · Ask about this →