business
Infosys Share Price: Brokerages Cut Targets
Archived — last updated
Infosys' share price has been impacted by brokerages cutting their price targets following the company's Q1 results. The company's revenue and margins missed Street estimates, leading to price target cuts.
Latest updates
Infosys Share Price: Brokerages Cut Targets
Infosys' share price has been impacted by brokerages cutting their price targets following the company's Q1 results. The company's revenue and margins missed Street estimates, leading to price target cuts. According to reports, the revised price targets now range from a low of Rs 968 to a high of Rs 1,610. While most foreign brokerages still remain neutral-to-positive on the stock's prospects, a few domestic brokerages have cut their ratings.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Topics
Related stories
EU considers acting on Russia shadow fleet sanctions without US support
Since Russia's full-scale invasion of Ukraine , Moscow has increasingly relied on a so-called shadow fleet to bypass Western sanctions and
France plans €4bn education spending amid debt concerns and nationwide protests
France plans €4bn for schools and €1bn for universities despite 120% debt and nationwide protests.
India raises fiscal year growth forecast to 7.3% amid Middle East instability
India's Ministry of Finance expects India's economy to grow at a pace of 7.3% in the current fiscal year based on its latest assessment of