NEW YORK (dpa-AFX) - Analysts Jefferies cut its price target for Nagarro to 112 euros from 136 euros, but kept its rating at "buy." Analyst Martin Comtesse reduced his earnings forecasts for 2023 and 2024 by 20 percent and 15 percent, respectively, in a research note published Tuesday. He justified this with slower growth and increasing pressure on margins of the IT service provider./edh/ck

Publication of the original study: 29.08.2023 / 18:28 / ET

First disclosure of the original study: 29.08.2023 / 19:00 / ET

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