NEW YORK (dpa-AFX Broker) - Analysts Jefferies left its rating on Nagarro at "buy" with a target price of 174 euros for now after the IT services provider lowered its revenue outlook. While the reason for his buy recommendation - the valuation gap with shares of comparable companies - is intact, Nagarro's stock is likely to suffer in the short term from reduced predictability of demand for the company's offerings, analyst Martin Comtesse wrote in a research note released Sunday. This would be compounded by general economic risks./mis

Original study publication date: 05/13/2023 / 18:34 / ET

First disclosure of original study: 13.05.2023 / 18:34 / ET

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