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Brokerages cut target prices on Infosys after muted guidance

Brokerages adjust Infosys share targets post revenue cut. Stock at ₹1,411.95, target post Q4: ₹1,582.12 (12% upside). Analysts note slow discretionary demand despite sector bottoming out, Infosys attractive valuation.

Infosys shares drop 3% on Q4 miss Should you buy, sell or hold?

Infosys Share Price: Infosys shares fall 3% after revenue decline. EBIT margin declines to 20.1%. FY25 revenue growth guidance impacted by discretionary spending weakness. Brokerages cut target prices. Analysts remain optimistic about Infosys growth potential in the future.

Top 10 Stocks To Buy For Today (19-04-24): HDFC AMC,Infosys, Wipro, Bajaj Auto, ITC; Know Best Shares Bets By Market Experts

After Israel & Iran attack on each other, crude oil increased by 3 percent. Middle East conflict will have an impact on all oil related stocks like OMCs, paints, tyres & aviation.

Anand Rathi lists 2 emerging picks including Infosys; details here

Keeping in mind the recent uptick in the Indian market with the upcoming elections and the March quarter earnings in focus, brokerage house Anand Rathi has come out with 2 emerging picks with a time horizon of 30-90 days.

infosys share price: Infosys shares gain 2 5% on BofA s rating upgrade

BofA said that regulatory tech spending by banks is expected to go up as they are required to meet Basel III norms. Moreover, SAP upgrade deadline in the US is now becoming more of a priority for enterprises amidst the 2027 support deadline.

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