15 Oct 2025 | 3 Mins Read
CLSA, JPMorgan boost Persistent Systems share prices with Q2 target hike
Flipitmoney
Brokerages remain upbeat about Persistent Systems post strong Q2 results, beating revenue and margin estimates. The company reported 4.4% constant currency revenue growth, 80 basis point EBIT margin rise, and $609 million highest-ever total contract value. CLSA retains "High Conviction Outperform" rating and raises target price to ₹8,270.