10 Oct 2025 | 3 Mins Read
TCS gets upgrade from Avendus, but others cautious
Flipitmoney
Avendus Spark upgraded Tata Consultancy Services (TCS) to "buy" from "add" with a price target of ₹3,700, implying a 20% potential upside from current levels. The brokerage notes strong deal win momentum, optimistic growth outlook aided by vector consolidation deals, despite discretionary spend pressure and AI data center risks.