Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/22/2023 | -5.72% | Goldman Sachs | → $4.7 | Initiates Coverage On | → Sell |
05/24/2023 | -13.74% | JP Morgan | → $4.3 | Initiates Coverage On | → Underweight |
03/22/2023 | -21.77% | Bernstein | $5.1 → $3.9 | Downgrades | Market Perform → Underperform |
09/13/2022 | — | Goldman Sachs | Upgrades | Sell → Buy | |
07/14/2022 | — | Morgan Stanley | Downgrades | Overweight → Underweight | |
06/02/2022 | — | Macquarie | Upgrades | Neutral → Outperform | |
05/19/2022 | — | JP Morgan | Downgrades | Neutral → Underweight | |
02/04/2022 | 54.46% | Jefferies | $8.55 → $7.7 | Upgrades | Underperform → Hold |
05/26/2021 | 24.97% | Bernstein | → $6.23 | Upgrades | Underperform → Market Perform |
04/16/2021 | — | Citigroup | Upgrades | Neutral → Buy | |
02/20/2020 | — | JP Morgan | Initiates Coverage On | → Underweight | |
11/21/2019 | — | Goldman Sachs | Downgrades | Neutral → Sell | |
10/03/2019 | -30.59% | Goldman Sachs | $3.47 → $3.46 | Upgrades | Sell → Neutral |
02/26/2019 | — | Credit Suisse | Downgrades | Neutral → Underperform | |
01/22/2019 | — | Credit Suisse | Downgrades | Outperform → Neutral | |
09/13/2018 | — | Credit Suisse | Upgrades | Neutral → Outperform |
What is the target price for Wipro (WIT)?
The latest price target for Wipro (NYSE: WIT) was reported by Goldman Sachs on August 22, 2023. The analyst firm set a price target for $4.70 expecting WIT to fall to within 12 months (a possible -5.72% downside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Wipro (WIT)?
The latest analyst rating for Wipro (NYSE: WIT) was provided by Goldman Sachs, and Wipro initiated their sell rating.
When is the next analyst rating going to be posted or updated for Wipro (WIT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wipro, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Wipro was filed on August 22, 2023 so you should expect the next rating to be made available sometime around August 22, 2024.
Is the Analyst Rating Wipro (WIT) correct?
While ratings are subjective and will change, the latest Wipro (WIT) rating was a initiated with a price target of $0.00 to $4.70. The current price Wipro (WIT) is trading at is $4.99, which is out of the analyst's predicted range.