Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

J. P. Morgan upgrades Persistent Sys to Overweight from Neutral; Target raised to Rs 4100. Persistent Sys is the only OW within ER&D coverage from JPM; Sees valuations at 26x 1-yr fwd P/E as an attractive entry point. @nimeshscnbc gets you more details on it

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!