{"id":848340,"date":"2024-08-27T10:27:58","date_gmt":"2024-08-27T04:57:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=848340"},"modified":"2024-08-27T10:31:04","modified_gmt":"2024-08-27T05:01:04","slug":"sonata-software-down-15-in-august-a-temporary-blip-or-long-term-opportunity-systematix-sees-23-upside-potential","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/27\/sonata-software-down-15-in-august-a-temporary-blip-or-long-term-opportunity-systematix-sees-23-upside-potential\/","title":{"rendered":"Sonata Software: Down 15% in August, a temporary blip or long-term opportunity? Systematix sees 23% upside potential"},"content":{"rendered":"<p>Sonata Software has faced a challenging year, with its stock down nearly 30 percent from its peak in February 2024. Despite this significant correction, brokerage house Systematix remains optimistic about the company\u2019s long-term prospects, viewing the recent downturn as a temporary blip rather than a sign of deeper troubles.<\/p>\n<p>Systematix has initiated coverage on Sonata Software with a buy call and set a target price of \u20b9760, suggesting an upside potential of 23 percent from the current market price. The brokerage\u2019s optimism is rooted in the belief that the company\u2019s fundamental growth drivers remain intact, despite recent volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sonata Software has faced a challenging year, with its stock down nearly 30 percent from its peak in February 2024. Despite this significant correction, brokerage house Systematix remains optimistic about the company\u2019s long-term prospects, viewing the recent downturn as a temporary blip rather than a sign of deeper troubles. Systematix has initiated coverage on Sonata Software with a buy call and set a target price of \u20b9760, suggesting an upside potential of 23 percent from the current market price. The brokerage\u2019s optimism is rooted in the belief that the company\u2019s fundamental growth drivers remain intact, despite recent volatility.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-848340","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=848340"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848340\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=848340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=848340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=848340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}