Wipro deal commentary encouraging but shares fairly valued, says Oppenheimer Oppenheimer views Wipro's Q4 results as encouraging and said management was positive about its deal pipeline and better traction in discretionary spending. However, the firm said the company gave "muted" revenue guidance for next quarter and that it views the shares as fairly valued given their recent strength. Oppenheimer maintains its Perform rating on Wipro.
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Wipro, CA Technologies partner to deliver testing solutions for DevOps Wipro (WIT) and CA Technologies (CA) announced that they have expanded their strategic partnership to jointly deliver next generation DevOps solutions for testing. The partnership will enable Wipro to leverage the expanded portfolio of CA Technologies, including service virtualization, release automation/continuous delivery, continuous validation and continuous monitoring solutions to help customers optimize their application development and delivery processes with a DevOps strategy.