Trent’s shares plummeted over 8% on Tuesday, marking their steepest single-day fall in six months, following a disappointing third-quarter business update. Analysts cited a failure to meet revenue growth expectations and rich valuations as key concerns, suggesting investors might reduce their exposure to the stock.
Brokerages stay constructive on Persistent despite recent underperformance
Persistent Systems stock sees a dip despite positive analyst outlook. The company is on track to meet its revenue guidance of $2 billion by FY27.