neutral
Recently
Brokerage upgrades position Coforge as a standout midcap IT growth play
Coforge received strong brokerage endorsement after its Investor Day, with Nomura and others projecting significant upside driven by solution-led sales execution and a strengthening large-deal pipeline.
Positive sentiment gathered pace around Coforge after its recent Investor Day prompted multiple brokerages to reaffirm bullish views on the stock. Nomura named the company its top pick in the mid cap IT services space, citing confidence in its solution led sales strategy and disciplined execution. Emkay, Nuvama, and Motilal Oswal also reiterated favorable outlooks, with price targets indicating up to 54 percent upside from current levels.