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Author name: Venkat Arikatla

Jefferies Warns ‘P(AI)n Not Over Yet’, Cuts Ratings on Six IT Stocks

date Feb 23, 2026

Jefferies has cut earnings per share estimates by 1–4% and reduced price targets by as much as 33%. the brokerage downgraded Infosys, HCLTech and Mphasis to ‘Holly’.

Source: greatandhra.com

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