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Motilal Oswal flags strong upside potential in Coforge with Rs 3,000 target

Coforge came into focus after Motilal Oswal set a Rs 3,000 target, citing growth visibility, global expansion, and strong long-term returns despite recent share price weakness.
Fresh brokerage optimism has placed Coforge back in investor focus after Motilal Oswal projected a 54 percent upside over the next 12 months with a target price of Rs 3,000. The IT services firm is currently trading near Rs 1,858 after slipping around five percent in recent sessions. Despite short-term volatility, the stock has delivered 60 percent returns over two years and more than 270 percent over five years.