Morgan Stanley (MS) has assigned an Overweight (OW) rating to Coforge, with a target price of Rs 11,500.
The company has secured its largest deal to date, expected to contribute to revenue starting from Q1 FY26. If the deal progresses as projected, it could generate an additional $80–120 million in revenue for FY26, resulting in a 5–8% growth for the following year.
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