33% of analysts tracking Wipro maintain their ‘sell’ rating on Q4 results; check new targets
Shares of Wipro Ltd. opened 3% lower on Friday, April 17, following its March quarter earnings. The ADRs fell 4.85% overnight reacting to the results announced after market hours on Thursday. The IT services firm reported a muted performance, with Q4 constant currency (CC) revenue growth coming in at 0.2% QoQ, below estimates of 0.4-0.5%….
