Coforge Shares Rebound: Motilal Oswal Sees 73% Upside, UBS Neutral

• Coforge shares recovered 2.5% from intraday lows after recent correction.
• Motilal Oswal maintains a 'buy' rating with a target of ₹1,880, projecting a 72.6% upside.
• UBS initiates coverage with a 'neutral' rating and a price target of ₹1,240, citing balanced risk-reward.
• UBS notes Coforge's consistent growth but expresses concerns over acquisition-led growth and GenAI positioning.
• Motilal Oswal believes current valuations are attractive, pricing in an extreme bear-case scenario despite travel and Middle East exposure.