Emkay Global Financial has given LTIMindtree a "REDUCE" rating with a target price of Rs 6,100. The stock is currently trading at Rs 6,265.50, showing a slight increase of 0.62%.

LTIMindtree recently highlighted its strategic focus on artificial intelligence (AI) during an analyst meet, expressing its commitment to integrating AI across its operations and client services. This shift is expected to enhance the company's competitive advantage and drive revenue growth. LTIMindtree aims to achieve a revenue target of USD 10 billion, supported by a strong client base and partnerships. The management has set a goal of outpacing industry revenue growth by 1.5 times and achieving an EBIT margin of 17-18%.

However, the outlook remains cautious due to slow discretionary spending, with expectations that clients will finalize their budgets after the recent US elections, potentially improving visibility for FY26 revenue growth.