Morgan Stanley Upgrades Wipro (WIT) to Equalweight
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 23 2025
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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.
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.
