Jefferies sees re-rating upside in Infosys, TCS and Sagility
In short
Jefferies says Infosys and TCS could rerate by more than 20% in the best case. It also says Sagility could rerate by more than 50% among mid-sized IT firms.
This matters because it points to possible upside in the stocks. The report does not say what valuation method was used or whether Jefferies changed its ratings.
What the reporting says
Jefferies said Infosys and TCS have more than 20% re-rating potential in the best case, while Sagility has more than 50% upside among mid-sized IT names. The note also said downside risks are the lowest for Infosys and Sagility compared with peers. The summary does not state the valuation model, the time frame, or whether the brokerage changed its formal rating.
Why it matters
Jefferies said Infosys and TCS have more than 20% re-rating potential in the best case, while Sagility has more than 50% potential among mid-sized IT stocks. It also said downside risk is lowest for Infosys and Sagility relative to peers. The summary does not provide the valuation basis, time horizon, or a rating action.