Goldman Sachs recently revised its price targets for Indian IT stocks, citing concerns about lower revenue growth in light of uncertain economic conditions in the United States. The downgrade specifically impacted companies like LTI and Mindtree, which heavily rely on revenue from the US market, while TCS was viewed more positively. The brokerage pointed out ongoing challenges such as subdued discretionary spending and the possibility of project delays due to macroeconomic factors. This adjustment reflects the cautious outlook on the performance of Indian IT firms in the current market environment.