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Mass. Movers

IT servicer Virtusa falls after downgrade

Virtusa serves clients in the telecomm, banking, technology, and education industries.

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Virtusa serves clients in the telecomm, banking, technology, and education industries.

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Westborough-based Virtusa Corp. fell Monday after the IT services company was downgraded by JPMorgan to “neutral” from “overweight.” Analysts believe the company’s stock rally this year already prices in much of the earnings-growth upside that is expected in the new fiscal year. They also worry that large customers may have less of an impact on the company’s overall growth. ­Virtusa’s­ growing pipeline, however, may help earnings this year, the bank said.

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